Ho hum. More of the same. See below and the valuation of Weed Me falling again. Main reason for the 13% fall last month. WM is valued based on a multiple of revenue. This can be used when a business is not profitable and suggests its potential to become profitable is just over the next hill. WM represents around 50% of HGV assets. Watch this space and strap yourself in for what could be a wild ride when the tide goes out.
Note the (18%) fall since 2015 is the annual fall not total. What great asset managers!!
