![]()
To illustrate the point I made above, I've plotted a simple line chart of the following tickers: HVT (Harvest One), ACB (Aurora Cannabis) & WEED (Canopy Growth Corp) from the date of cannabis legalisation in Canada (17/10/2018).
Using ACB & WEED as a proxy for industry trend (since I believe they're two of the largest companies in the sector), it is clear that HVT is just following the pack. ACB & WEED have come down understandingly, due to the high multiples they were originally trading on pre-legalisation. However, HVT never had such multiples to begin with. If this price comes any lower, I'm confident that the downside risk will be negligible given they have a healthy cash balance of $45m+.
Here's to a positive 2019.
CappMan
- Forums
- ASX - By Stock
- HGV
- Harvest One Share Price
Harvest One Share Price, page-2300
-
-
- There are more pages in this discussion • 396 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HGV (ASX) to my watchlist
|
|||||
Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.622M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 4.1¢ | $649 | 15.84K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 298570 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 26115 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 298570 | 0.041 |
1 | 12500 | 0.040 |
1 | 26800 | 0.037 |
1 | 25000 | 0.020 |
1 | 288888 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 26115 | 1 |
0.043 | 58689 | 2 |
0.044 | 10439 | 1 |
0.045 | 33000 | 3 |
0.047 | 55000 | 2 |
Last trade - 10.25am 23/07/2024 (20 minute delay) ? |
Featured News
HGV (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online