Thought I would share this part of a spreadsheet I got looking at the cannabis related players on the ASX with the forums of all the stocks listed on it:
To Explain the columns:
Cash = Cash on hand as of last quarterly.
CR = The price the last capital raise was at.
Mill = How many $million raised with the last capital raise.
Price = Share price (to nearest cent).
Market Cap = Market cap in millions.
SOI= Shares on issue in millions.
Av Vol = Average Daily Volume in millions shares traded.
To High = How many times the current share price needs to be multiplied to reach their yearly high.
$/M = How many times their market cap is more than cash on hand.
Avg Qtr Net Cash = For the last 2 years, what the average net cash loss has been per quarter (in $100ks).
Avg Qtr Staff Admin = For the last 2 years, what average spend on staff & admin per quarter (in $100ks).
Avg Qtr Receipts = For the last 2 years, what average customer receipts have been (in $100ks).
52 Low 52 High = High and Low of the share price for the last year.
I had big cell full of commentary on each stock, but took it out as trying to keep it unbiased, was full of commentary on my thoughts on each companies operations, potential market and different managements performance, etc, can upload later if people want a look.
Only bias here now is me putting ECS ontop of the list, I think its best play currently in the space on ASX based on financials, management and valuation compared to peers.
Rest of the names have been put in order of market cap from highest to lowest.
Quick and easy way to see where they are all standing and what they are bringing in, spending on themselves, losing, saves you going through the last 8 quarterlies for all 15 companies on the list.
Curious to hear thoughts and any info anyone wants to add.
All info is up to date using data from the last two years of quarterlies up to the latest quarterly. CAU sitting quite nicely on this list luckily because of the merger!
