My take...I don't think we'll get a hostile takeover bid.
We are being shorted down to make us agree to a lower priced deal.
The good thing is that we have multiple suitors. You make a low ball offer and another company can just as easily up the ante.
Why do some of you think that Vic and his team are not interested in the shareholder? They are also shareholders and want the highest price as well. We are all not privy to every last detail on their game plan. I get it, the optics are ugly. It looks like they are sitting on their hands. We've been on radio silence for a while now. Why? There MUST be a reason. Do you all honestly think that guys like Jakob R left DIAGEO so they could join a company with no clear path?
I'm not here to pump up the board. I have invested heavily in this company and I am hoping and praying that the nonsense I'm hearing here is just that.
My bet is that Vic and his team will settle on a deal with Altria sooner than later. We can't win a war with companies this big. They can destroy us, slowly or quickly. Isn't it better to take a lesser deal for a low percentage entry and get them on your side? Once a major is on board the stock takes off like a rocket.
The market won't wait forever for Aphria to make their move...I'm not sure how they can protect themselves from a hostile takeover but once they divested of Liberty Health they lost their "protection". Now they must have a cotigency plan. There has to be a law of diminishing returns for these companies for them to stop shorting us.
What a crooked world we live in. I really like the future for Aphria but the management team has a LOT OF PRESSURE on it now. The need to respond is great. You can't just remain quiet as the shorters pull your pants off and parade you about town. We have gone from $22 to 12. We absolutely better have a plan and it better come soon or else there will be a rebellion against Vic. I have faith that he gets it done...but it looks as if the eternal optimists have changed their tune. That is the definition of capitulation.
It is always darkest before dawn.
Atheena