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Bullboard - Stock Discussion Forum 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... see more

NDAQ:APHA - Post Discussion

Aphria Inc. > Disappointing
View:
Post by kingbear on May 08, 2020 1:16pm

Disappointing

Simon has now sold over 10% of the company to unnamed investors and they can't even tell us longs who it is. Almost 15% dilution since late January as well sold to this investor. This is why the SP is held down, for this investor to continue to increase their ownership, what a joke. I think their end game is to take this private.
Comment by Alex1100 on May 08, 2020 1:50pm
Kingbear, thanks for your good post - finally someone who can think! I have posted yesterday on other board as follows: Three years ago, on today day, Aphria s/p was almost identical to its current (today) price. Bearing in mind gradual opening of the European and Asian economies, and fact that the new investment cycle is inevitable, I wonder the following: How many investors would like to ...more  
Comment by Trixter on May 08, 2020 1:53pm
Well Said Alex !! Cheers to all--Trixter
Comment by kingbear on May 08, 2020 1:54pm
Well I think the end game here is for the mystery investor to take the co. private or have Aphria purchased for cheap. This investor has enough shares to sway any sort of shareholder vote in their favor. Good news is if this does happen we'd get $7-8 per share, bad part is many would still take a loss. We'll see I guess, but I'm not happy and no longer trust Simon.
Comment by Alex1100 on May 08, 2020 2:00pm
The market has clearly shown what it thinks about this transaction. Full stop.
Comment by GasPro2017 on May 08, 2020 2:05pm
I would not let the last few hours of trading be the indicator of what the market thinks. Shorts always come out on days like this. But they do have to cover Could esily see this close the gap soon.
Comment by ArimaForecast on May 08, 2020 3:01pm
I doubt we have takeover bid soon . Like Hudson's Bay, one night go from 6 to 9.5 and after 11.5
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