I still think buying on the way up is a bit smarter as nobody seems to be able to call the bottom. I find it hard to resist sometimes myself thinking it possibly cannot go any lower! so with that said.. getting details from previous cc. If you go with the idea the people speculating against acb say the assets alone are 50 cents a share...no multiple on that btw. I looked to pull out what would cause them to go deeper into their atm. They clearly stated Ontario needs to get its act together with stores, which those following all this Canadian mess knows they cleaned this up now and stores should start opening there. They also said 2.0 needs to be a success. So far everything I am reading states 2.0 is going great. So I do believe acb has the hands in the atm but will not need all of it as some here are claiming.
"Right now, my anticipation isn't that we would need to use the ATM to the extent that we currently have approved. But I'm going to have to wait to see on how 2.0 and retail rollout and certain strategic transactions play out over the next several quarters before we can land definitively on that and certainly happy to continue to talk monthly to you about this because I think we are learning every step of the way as to how things are going to look over the next couple of quarters?"
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