I still believe Diageo will present a deal with Aphria which will double the PPS to $40 3 weeks after it is announced. I am buying more shares tomorrow in anticipation of this deal but also because Aphria is still undervalued in my opinion.
I am heavily invested in ACB and I too was surprised it didn't go up close to $4. But I think once an agreement is in place, it will certainly go up at least $4 depending on the partnership and investment. btw if you are also invested in ACB, watch out for Sept 25th revenue reporting.
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