Long
finally HEXO may rebound
Such a Quarterly Report >>> here is a good analysis of the recent Merger ( youtube.com/watch?v=KNIWiOKjgzE )
It seems: after 3 Mergers ( HEXO ) is dramatically undervalued >>> $400 Million valuation on $126 Million revenue >>> HEXO has 15-17% Market share (in USA/Canada) >>> at today closing price $1.41 HEXO may see $2.25 - $3.58 range (by Dec 31, 2021)
It seems: after 3 Mergers ( HEXO ) is dramatically undervalued >>> $400 Million valuation on $126 Million revenue >>> HEXO has 15-17% Market share (in USA/Canada) >>> at today closing price $1.41 HEXO may see $2.25 - $3.58 range (by Dec 31, 2021)
Note
Salut,following my read of the recent HEXO 2021-Q3 Quarterly Report . . . $126 Million revenue doesn't include Revenue from REDICAN . . . assuming HEXO and REDICAN did 50/50 Merger . . . the next January/March 2022 Quarterly Report will show at-least $240 Million revenue
. . . one more thing, REDICAN had positive EBIDA and much better financials than HEXO
>>> so my Dec 31, 2021 target price for HEXO is above $4.72 >>> $4.72 is a price target set 12-month ago by Analysts covering HEXO
>>> Let's be Bullish and give HEXO 300% upside >>> by the end 2021
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.