Market cap is $116m today. Guidance for first 6 months is averaging at $26m. Even if they only equal the second half of last year ( $7.7m and $9.5m ) and are able to complete the $18m order they couldn't fill. That puts revenues at $62m. The coy will be EBITDA positive. What multiple of revenue or EBITDA should the market cap be at? That is the real question.
My views are obviously more optimistic than yours. My maths is 100% correct. Talk of admin is unwarranted.
IMO, The share price is here because shareholders are selling, nothing to do with the CEO. The entire board recently bought stock at 4.8c in the cap raise. Volume is very light and fear mongering here on HC is hurting you, as well as me and every other shareholder. But you have the right to do that if you choose.
Have a nice weekend. End of communication.
BUD Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held