end of this week you should read the balance sheets and compare the current qtr from the previous qtr. it'll include their cash balance and what kind of spending they do on marketing. 500mil at end of 2021 and it's literally impossible to still have that much 4 months later with how much spending they do on marketing, R&D and on all their licenses for new states, $25mil was spent just to enter NY. end of the day, they aren't turning a profit, so their losses come from their cash in the bank to keep their debt at 0.
Maybe I should start writing IMO DYOR since people don't seem to do that.
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Open | High | Low | Value | Volume |
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---|---|---|
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10 | 41230 | 0.475 |
16 | 134437 | 0.470 |
12 | 227930 | 0.465 |
14 | 131165 | 0.460 |
Price($) | Vol. | No. |
---|---|---|
0.485 | 16987 | 6 |
0.490 | 57799 | 13 |
0.495 | 29974 | 5 |
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