Funny, I just posted on another board when this goes I think it will hit .20 and stay above it.
Alphria trades at 80 x’s revenue and the reporters say that’s bad (price dropped recently because they paid to much for Nuuvera)
VC deal puts MGC at 3bil market cap based on Alphrias trade factor BUT even if for some strange reason VC fails... MGC has so many other deals it can easily hit $1bil market cap and most of the cannabis stocks at their peak traded at 200 x’s revenue.
MGC is so far ahead of the top 3 Canadian Producers. From contracted deals, MGC’s 2018 revenue will beat the top Canadian.
Keep the momentum Australia
Funny, I just posted on another board when this goes I think it...
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Last
16.5¢ |
Change
-0.120(42.1%) |
Mkt cap ! $8.470M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 15.0¢ | $58.15K | 346.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17322 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 9929 | 4 |
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| Last trade - 15.46pm 15/08/2024 (20 minute delay) ? |
| RGT (ASX) Chart |