TSXV:RTI.H - Post by User
Comment by
aurorahighon Oct 10, 2017 5:03pm
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Post# 26796544
RE:RE:RE:RE:Acb has now 220 million in cash!
RE:RE:RE:RE:Acb has now 220 million in cash! All these companies in the sector need cash. More cash will be spent and burned by these companies in the near term as the industry matures and they continue to grow and expand. Expect that.
Rti solely would need added funds for continued operations and jv plays,ie. tobacco,cosmetics,food etc.
Still a thinker that a stronger than speculative guess( that you read here ) is Aurora does aquire controlling interest of rti.
A lot of opposing beliefs here, but it's a great play on both parties involved. Think outside the box people....
Auroras connections and foothold in the mj space are a done deal. Instant grat to rti.
And rti still has flexibility to pursue other avenues of growth.
Final thought...few scenarios...
1) read above
2)Aurora buys rti. Win win for all. Aurora/rti would be a global force. The verticals in this space alone...???
3) need I say more