RE:RE:RE:RE:Here e go.. With APH & LibertyIt bothers me, trust me on that. I know that Vic said it can take up to a year, but perhaps that's a conservative estimate. It could be a lot sooner. Truthfully nobody knows. The market reacts very sensitively to good news and bad news alike. Even the slightest news release from the TSX that just hints at de-listing not being likely, the market will quickly react to it. Maybe it's a pipedream that this will happen sooner rather than later.
Buckshot26 wrote: Therein lies the problem, no one knows "x". More importantly who is the winner in the end a $6billion well capitalized company or a company with a couple of small grow ops when regs do loosen? Or a home bred california behemoth vs a small time medical grower. It's not the battle to be fighting at the moment, the mkt is telling you that. It's ok to make a wrong step here and there, it is not ok to entrench yourself in a position if evidence against it mounts.
I was reading Liberty's investor deck the other day and they have a mkt cap comparrison on it. ACB and APH were equal at the time of posting sometime way back in OCTOBER! ACB now has double the mkt cap. That is not an exageration it has actually DOUBLED. The mkt just repriced the entire sector and left Aphria out in the cold. If we had just mkt performed we would be ~$18ish today. How that doesn't bother you guys is bewildering. Enough is enough.
BaconIsBad wrote: You're right. I think we need to ride the waves of mediocrity for awhile until we truly reap the benefits of having multiple feet in the US. Fast forward in X months/years (your guess for X is as good as mine) when there's a much more friendly environment in the US in terms of cannabis use... do you think that APH's market cap would be higher or lower without an always expanding footprint in the US?
Completely making up these numbers, but if APH's market cap is 20 billion in 5 years without business in US, but 40 billion because of business in the US, having to ride the waves today can mean a much better pay day in the future. That's my take on it.
Our only hope is that while the US loosens up little by little, investors will gain more confidence in APH's potential not only from their stellar results in Canada, but the prospects of the US too.
Buckshot26 wrote: Yep brilliant. Only costing us a billion plus in mkt cap...
For the love of god, you cant grow outdoors in Alberta and ACB is thumping us again.
When is everyone going to wake up????
GreenSideUp wrote: No wonder our man Vic stands firm on LIBERTY Gsup