@dman0
i understand it clearly
the stocks being priced off the guaranteed min contracts so far announced - $9-10maud for cy18 on 1.15bn shares (includes the escrow)
puts it on $362m mkt cap less $30m cash = $330m ex cash = 33x price to sales ratio ( and thats without second guessing whether distributor costs coem out before or after BUD gets it cut)
So its reasonably pricey but nothing compared to say KNM (80x + last time i did numbers a few weeks ago)
The dilution is well and truly factored into market pricing - only amateurs do their numbers off the non-escrow only issue - and the stock;s market cap and liquidity is now too big for amateurs to set the price
anyone fretting about the escrow period doesnt understand that - or thinks the market/stock is going to soften materially and that may lead to more escrow shares being sold than expected
but its the post escrow valuation support thats why the stock doesnt structurally reward non-financially material news announcements like todays
company still has to do the work though
something investors often overlook in their incessant demand for higher share prices every day
