RE:RE:RE:RE:RE:Analysts, TechnicalsYour scenario will 100% happen, only question is when and how much. Likely not soon as tough to justify takeovers at the moment. I could see mmcap taking ANY reasonable offer to join the big boys club and protect their capital (plus liquidity) , they should just get it over with and sell 50m shares to aphria @.15c and issue a NR. stock would be at .20c the same day and then just await the final deal. That would be peanuts to aphria but create the relationship and end this ATM Noose. Funny Fire likes to do these things; first the RS noose that the never used (ya know just have it sit their pending lol) much like the ATM that draws all the money away from actually rising the SP lol quote=johnale]
Bmo and steifel did the same thing (kept PT the same) despite the beat and positive ebita.
both reports were very positive. Commentary was mostly all positive.
bmo even stated that revenues accelerated out of September and confirmed we'll likely meet the 2mil ebita q2. but yet kept a 15c PT -- seems unfair.
That's why I was mentioning that beena and team were circling back to analysts.
after a certain point - a buyout becomes a real issue with MM holding the cards - and the stock gaining no traction.
.41 cents mm breaks even - and gets full liquidity.
Cronos, canopy, aphria - beena can run the Canadian division as they have American aspirations.
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