Replies to post #26218 on Aurora Cannabis Inc (ACB)

[jerseyfish]

There is no doubt Aurora will be a major player in the cannabis game come Oct 17th. They will en up having world wide exposure and given time end up the world leader.
There are however, with 958.496,642 shares outstanding and growing as an investor with that hanging around it neck I see a rough time for it to double or triple in price with out correcting the share count. What is unknown is how they will address that problem, the two common methods are buy back shares with profits and do a reverse split. The favored way is buy back but that takes profits and so far we don't see much in that way. I think if you wait long enough it will happen but how long and will the share price keep climbing in the mean time. I have no answers so its wait and see.

[Rideitout]

If this and other reports are accurate, one can assume Aurora should be able to sell most of their inventory. So lets take a look at the numbers:

From the article 'Aurora Cannabis: Immense Growth at a Reasonable Price', the author states Aurora has already contracted 63,000 KG. At an average selling price of $7.99/gram (Q3 report), that's contracted revenue of $503M next year. From the same article and others, the estimated CY18 production rate is 150,000 KG. If Aurora sells all this inventory, that's $1.2T in revenue next year. That is some amazing revenue growth!

https://seekingalpha.com/article/4209352-aurora-cannabis-immense-growth-reasonable-price?page=2