Post by
Oldweed on Apr 15, 2024 10:55am
Shorting Tilray (SP VS Share Count)
Comparing the important Canadian players and share count vs share price/M
Acb $8.70 - Total Shares 54.54M = 6.2X
Weed $9.90 - Total Shares 73.76M = 7.43X
Hiti $3.20 - Total Shares 72.03M = 22.5X
Tilray $2.46 - Total Shares 763.77M = 310.5X
Looking at these ratio comparisons what would be your conclusions? Only 1 of the above Canadian companies has not done a reverse split, we can see the results in todays market. Does anyone come to the conclusion Tilray is undervalued?
Comment by
Oldweed on Apr 15, 2024 10:59am
Forgot OGI. OGI $ 2.69 - 75M = 28X
Comment by
Bilderberg on Apr 16, 2024 10:53am
Market my have realized how oversold Tilray is as its seems it's beginning to adjust and outperform the rest, as it should )