Replies to post #19592 on Aurora Cannabis Inc (ACB)

[Advanced]

I don’t own any shares, but you’re not right. GE has 8 billion shares. That company is a mess and is trading at $13. That’s one example of many companies.

[crabclamjohn]

If their plan works and they start bringing in tons of revenue it will work. Time shall tell all! IMO GLTA

[Edward]

I am confused.How does institutional buying reduce the o/s. No matter how much institutions buy Aurora shares, there still will be 936.6 million shares o/s.Where do you see they have $4.9 billion in cash ( do you mean market cap?). Last published financials (3/31/2018) showed (c)$231 million in cash.Am i misinterpreting what was stated?