Post by
ProfCornelius on Nov 06, 2020 6:26pm
When this deal closes APHA will
have well over 300 000 000 shares outstanding. With 100M worth of shares ATM plus 50M converted to shares upon closing Aphria will add approximately 25 million more shares in dilution. What I don't understand is why they are bragging about swampwaters distribution to over 10 000 restaurants . You can count on 1000 of those closing and the rest having less business for quite some time so how is this a positive talking point? Faaack. They are predicting 200 000 cases of Covid 19 a day by the US Thanksgiving. That's a rate 4x higher than the spring ffs.
Comment by
IrishCanuck on Nov 06, 2020 6:36pm
What they lost in restaurant sales Sweetwater picked up at retail locations. Everyone chill out jeez. They bought a CPG company that they can leverage which was their plan all summer. Does no one on this board support the company they bought shares in?
Comment by
ProfCornelius on Nov 06, 2020 6:42pm
I do not agree with your statement and I support acquisitions that bolster the share price and excite the markets. This acquisition did neither. If it was such a great investment why did we lag most other mj plays by an average 20% in the last two days? The market has spoken my friend.
Comment by
ProfCornelius on Nov 06, 2020 10:13pm
Newbie. Before I put you on iggy show some respect for one of the founding fathers of this board and someone that has owned this name n and off since below the 2's and someone that could buy you 20x over. The market clearly does not like deal and if that isn't obvious enough to you then you are simply a poser troll. Goodbye:)
Comment by
TOONER77 on Nov 07, 2020 2:43pm
How much does it cost, to have your thumb, removed from your bragging chest ? just wondering lol
Comment by
ProfCornelius on Nov 07, 2020 3:38pm
Good question. I'll pay you 10k to meet up with me to try to do it yourself. Trust me you won't be loling....lol