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2.22% 4.4¢ hygrovest limited

The Canadian Market, page-4

  1. Slim Dusty
    1,049 Posts.
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    30/11/16
    17:12
    Post #: 21003875
    It's a pretty healthy cash position.

    The only thing that bothers me is how much the wages expenses is. They're not scared to pay themselves that's for sure.

    I think I saw NZTrader say it's in the vicinity of $6million. Based on that, and assuming wages are paid by MMJ, then $4m will only last 8-9 months on wages let alone other running expenses.
    Last edited by Slim Dusty: 30/11/16
    MMJ Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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