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Edward

03/18/19 8:05 AM

#46209 RE: Fangster #46206

Absolutely agree. Aurora already has $345 million of debt, with appox. $19 million a year in interest payments. Your so right about let Aurora grow into its share structure.
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leopard messiah

03/18/19 9:13 AM

#46217 RE: Fangster #46206

Agree, not likely in the short-term.

But Peltz is not just an advisor. He has options that would make him the second largest SH, and he may be a large SH already if he’s been buying. So he does/will have a lot to say about anything he wants.

And while a company may judge growth (including appreciation of PPS) on a 5-10 year future schedule, activist investors usually do not. Just saying.

And theoretically, I agree about debt at this early stage. But if a company announcement that they were taking on debt for a share buy back made the price rise to $30/share, would you care if that strategy wasn’t ideal for growing into their current share structure?