so vic denies it was in response to the short sellers report, says the assets are properly valued. if that's the official line from Aphria, they still need to complete the rebuttal.
But I'd like to see a good buyout offer from another company, or Diageo step in.
i have been the owner of a company for the past 38 years... i have dealt with plenty of owners/ceo over decades of work.... i am sure vic was a big banger at one point in his career and did great things.... i figure the assets purchased for aphria could be subjectively looked at as over payed for.... that's not the problem--- the problem is two-fold, one he is burned out-past prime (it happens) and two- he got caught up in some back room deals with a few of his buddies (it happens)... most likely not a thing illegal about it.... but alot of stink for a public company.... aphria will be conducting business in the global market for a long successful time... jmho --- cheers
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