Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

Post by Daredevil1964on May 08, 2020 10:10am
277 Views
Post# 31002583

This is not a bad move, the short term pain is worth the

This is not a bad move, the short term pain is worth thelonger term gain. Aphria cleared up some notes, buying them back with nearly 19 million shares at a 25% discount with a 31% premium on the current SP. This gets rid of a 5 million USD in interest servicing costs. As well as enhances the balance sheet. Make no mistake thou this is dilution thou. The 80 million USD is covered by the nearly 19 million shares @ 4.84 USD and a little cash 3 million nearly. Again short term pain for long term gain. It is reduced debt.
<< Previous
Bullboard Posts
Next >>