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Re: railrider post# 6654

Monday, 11/30/2020 3:49:08 PM

Monday, November 30, 2020 3:49:08 PM

Post# of 21192
Like SNDL...they had 10M OS shares when they IPOed, fast forward 1 year and they had 206M OS this past summer. This past 3rd Qtr earnings they announced 439M OS and just today stated 744M with 72M in convertible debt remaining. It will be around 850M OS when done yet people are flocking to it. Supposedly just stating you have 117M in cash on hand...even if it all came from the expense of their shareholders....makes Robinhood investors think you are making "good business".
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