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I’m def interested in the APHA drama as it affects/relates to ACB.
You might be right, but I’m not convinced of that enough to bet on it yet. Still red flags here, and this tender offer adds a few more imo. But hopefully those red flags start waving green very soon. Rooting for APHA, tide of good news raises all boats.
Marketwatch article:
https://apple.news/AZOMVaMSdTWK_Nkvp7hFRXw
They also filed a “Code of Conduct” which I bet was a response to legal advice over the APHA disaster.
I read the SH Rights Plan when it was circulated, it is a poison pill.
Let’s hope this recent filing is related to that and not some other dilutive move.
Thanks. Any other thoughts on the possible meaning of this, even if unlikely?
My gut tells me company is sitting on good news, or close to good news coming to fruition. They like to pump out PRs, and haven’t done so in awhile. Patiently optimistic.
I don’t think shorting is a major issue. Just lack of new buyers. Bad market, concerns about dilution. Also hoping that next quarterly report is a complete blow-out, but may be a bit early for the big numbers.
Also, when compared to peers, feel very comfortable about management. They seem more mature and aggressive than Canopy, and not at all concerned about any Aphria-type shenanigans.
Broken
Thanks buddy. I generally agree with everything you said.
GLTU. Hopefully a deal gets done that give us some wings.
If they keep issuing shares, you’re right.
But if they stop, even a 5M-10M share buyback the first year would help. While that wouldn’t significantly lower the float, it would send a message of planned intent and concern for SHs and prospective buyers that would be confidence-inspiring imo.
My concern is they will continue to think they can buy the whole world with more shares. It’s risky, and the risk depletes our short-term value per share while signaling to potential buyers that if you buy, your ownership will be diluted.
EPS matters. No one talks about it on this board because the number is a disaster.
The plan might work in the long-term, but there’s plenty of risk. I’m not interested in being invested in this company for 3-5 years.
They don’t have to actually start buying back shares right away. Just announce a modest plan, stick to it, and increase it as time goes on.
Would do absolute, immediate wonders for SH confidence and share price.
No question, but profitability will come. Industry is nascent, and a lot of expense being poured into ramping up.
But the way this company dilutes, don’t really feel like waiting for profitability. Future EPS been dropping consistently.
Hopefully they make some deal soon.
Yeah. Fell too much in love with the story here.
I hear you dude. If I could sell now for breakeven, I would. Got greedy, didn’t take profits when I should’ve, bagholder.
Problem is, if it runs back to breakeven, gonna be hard for me to sell in the face of seemingly impending profit :)
Let’s see. Markets are really messed up right now. Let’s just hope DOW stabilizes.
I still believe in this company, but they’re testing patience with the dilution. A bit more clarity from management about future plans to manage the share count would do wonders.
Amen.
Lmfao
Once again, I wasn’t seeking any answers or asking you any questions. I made a comment. If you don’t agree with my comments, that’s fine.
I suggest you comment on the facts of the matter, or state an opinion. Don’t worry about what I’m doing.
Because company made another acquisition for stock.
Don’t compare Aurora management to Aphria. Completely different animal.
I wasn’t asking for advice about buying and selling. We’re analyzing the action of the PPS. I like the company, but I don’t have to like everything they do. Nothing wrong with criticizing management.
In case of Mexico, they’re diluting an unknown amount for an unknown amount of revenue, so you don’t know what the value is there. I heard what Cam said. Would be nice to get info sooner than later.
All true, but stock is being diluted. Keeping a downward pressure on price regardless of market conditions.
Would like to know more details of the Mexican deal as well, price, expected revenue, etc.
Canopy put out a PR immediately. Let’s see what ACB does.
News won’t do anything. Anyway, the real news was Congress passing it.
The real beef is what ACB does with the news. We’ll see.
Watched two minutes of ceremony and it gave me a headache.
But in case there are any doubts, bill is getting signed today.
Amen is the right ending to my prayer.
The significance COULD BE that Aurora is holding an announcement(s) until the bill becomes law. We shall see.
Not holding my breath the way that shit’s been going, however. This slow bleed of shares and PPS is becoming a joke.
Confused about the relevance of what you’re saying.
In any case, how does your note explain why we shouldn’t have partnered with InBev? If Tilray didn’t sell out, I assume we wouldn’t have had to either.
Bottom line, no-lose situation for us. And who know what it could’ve turn into in future.
Maybe, but why not throw $50M at InBev? We throw plenty of money at these other shitty companies. Maybe they’ll turn out to be good investments, but maybe InBev would’ve as well. Can’t see your logic here.
Man, that’s a shame. Should be us.
Everyone busts on Tilray, but they’re making serious moves. Novartis and InBev in the same week.
Bummer
No question on both counts.
God forbid we see green all day
Jaja
We all got the sarcasm, dude.
But, yes. People just love to brag nasty about their other plays. Kind of reverse haters. Embarrassing for them.
Nothing to learn, but who even cares
Can this damn horse please run hard today?
This is great news, but I don’t think it will allow Aurora to import to those states. Hopefully they will operate through their American arm.
Definitely a major domino falling if it passes, though.
Significant change in heart on your part?
Sorry, smiley face with sunglasses came out as question marks
I mean, :)))))