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Re: Dogger05 post# 406

Thursday, 12/08/2016 12:39:17 AM

Thursday, December 08, 2016 12:39:17 AM

Post# of 588
Doubt it would stay that way. Mettrum would have to issue more shares to catch up and keep up with this fast paced industry. CGC has already raised a boatload of money and invested in infrastructure that will benefit Mettrum and provide cost synergies. Don't expect to reap rewards without the heavy lifting. They mentioned one major example specifically in the conference call that would be costly to Mettrum shareholders if going it alone. All the LPs who want to become a big deal raised significant funds this round except Mettrum. CGC can raise millions of dollars at a high sp with the snap of their fingers. Something tells me if this deal falls through Mettrum won't have as much luck doing the same as the questioning and uncertainty will act as a deterrent. I believe the reason they took part in less equity raises was because they always intended to be bought out by CGC and wanted to remain an attractive target. They've been talking about this behind the scenes together for a couple years now.

I 100% believe your scenario is more likely to come true owning CGC shares... Mettrum's management sure think so. Doesn't give me a lot of faith to continue investing in them if they're forced by shareholders to remain independent. Not to mention they could really use a greenhouse... add that to the list of things they'll have to buy. They likely have one of the highest costs of production.

Together they can be so much better.
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