Vote of Confidence from British American Tobacco in Invest !$124.6 Million at basically what Book Value is for Organigram !!! What kind of ROI do they see on there Investment if there willing to pay more than market value?? Think about that !! Plus with only 81 million shares outstanding the float is small !! $$$$$
Better times lay ahead for OGI IMHO :)
At the Meeting, an ordinary resolution approving the previously announced C$124.6 million follow-on strategic equity investment by the Investor in the Company (the "Investment")
$124.6 Million Investment from BAT at $3.2203/share and Creation of "Jupiter" Strategic Investment Pool
GLTA :)