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SNDL Inc. is a Canada-based private-sector liquor and cannabis retailer in Canada with retail banners, which include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf, and Firesale Cannabis. Its segments include Liquor Retail, Cannabis Retail, Cannabis Operations and Investments. The Liquor Retail segment includes the sale of wines, beers and spirits through liquor stores. The... see more

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SNDL Inc > Still Buying

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Post by jevs on Oct 26, 2020 9:13am

Still Buying

I read through the document from the last news release today in an attempt to understand what is going on. One good thing, as far as I can figure out, is that these new shares will be used to reduce the debt. It also seems like there is a good possibility that Sundial will be debt free in short order. That, combined with increasing revenue and market share bodes very well for the future, both near and mid term. I have been buying as recently as today and my thinking is that even with a RS this stock is cheaper now as compared to later when the SP will be based on a company that is debt free, profitable and aggressively growing

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