A different comparison with CELH would be the foll
Post# of 75002
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Posted On: 03/21/2018 8:23:03 PM
A different comparison with CELH would be the following:
To compare CELH and RMHB share prices apples-to-apples, take RMHB's current market cap (~$11million) and divide it by CELH's current float (share count, ~46,227,240 shares) to get a CELH-adjusted RMHB price per share of $0.25. So, we're already at 25 cents, ahead of (and closer to) where CELH was in AsYouWere's comparison to 5 years ago (no need to wait 6 months to hit 20 cents).
So, following the CELH model closely, we could expect RMHB to quintuple in price from here by the end of the year, to 6.7 cents. Recall that the Goldman Small Cap report calls for roughly this same price in the short term, before the end of the year, and a price of 11 cents by the end of the year.
So fun to think about!!!!!!
To compare CELH and RMHB share prices apples-to-apples, take RMHB's current market cap (~$11million) and divide it by CELH's current float (share count, ~46,227,240 shares) to get a CELH-adjusted RMHB price per share of $0.25. So, we're already at 25 cents, ahead of (and closer to) where CELH was in AsYouWere's comparison to 5 years ago (no need to wait 6 months to hit 20 cents).
So, following the CELH model closely, we could expect RMHB to quintuple in price from here by the end of the year, to 6.7 cents. Recall that the Goldman Small Cap report calls for roughly this same price in the short term, before the end of the year, and a price of 11 cents by the end of the year.
So fun to think about!!!!!!
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