finally HEXO may rebound
Updated
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)
Comment
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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