Post by
Medinecheck on Aug 14, 2019 11:56am
Reality
No wonder that big investors haven t Invictus on the Radar. Theire calculations are disturbed !
Source Tilray financial quarter results, guess our co. is in the same trouble ..
Average net selling price per gram decreased to $4.61 (C$6.12) compared to $6.38 (C$8.36) in the prior year period. The average net selling price excluding excise taxes was $3.92 (C$5.20
Read more at https://stockhouse.com/news/press-releases/2019/08/13/tilray-inc-reports-second-quarter-2019-financial-results#vuhtcrPJ1GbMBAgB.99
Comment by
Yowza123 on Aug 14, 2019 5:32pm
You're comparing $2.95 and 3.29 US to $5.95 cdn...
Comment by
display_name on Aug 14, 2019 6:46pm
Good catch I guess that's like 4.50 usd then - point still stands though I think we're selling at a very healthy price point compared to the broader market. I am more concerned about what the operational cost to grow per gram is than what price point we can sell at to be honest.