I don't think anyone cares too much at the moment and the share increase is probably already baked into the SP since it is a known and expected. The whole sector is on fire due CA legalization and Canada coming up fast. IF we get a pull back it will be profit taking.
Interesting though today that this thing went to 1.50+ then dropped to 1.06 and then recovered again. Could have been some momentum traders already got in and back out. So, who knows what happens tomorrow.
This company is positioned better than most and has a solid business that is about to produce profits.
It is the A/S that will be going up. Not a big deal until the O/S starts to rise. If they start handing out share with nothing to show for it then I think it will be time to worry. It is odd with 120mil still useable and the price per share going up. It would be nice to know why they think it’s needed.
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