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2.44% 4.2¢ hygrovest limited

Ok, simply put, MMJ owns 46% of HVST, so if HVST is worth $116M...

  1. maxwelljm
    8 Posts.
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    03/05/17
    10:25
    Post #: 24432201
    Ok, simply put, MMJ owns 46% of HVST, so if HVST is worth $116M then MMJ should be worth $53MM + 13M cash they have on their balance sheet. $66MM / 235M MMJ shares = $0.28/share. Clearly HVST is better value.
    MMJ Price at posting: 50.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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