RE:I’m not sure....Isn't that funny how market interprets or better misinterprets new release. I thought after the news on Monday and by Wed SCYB will $6, fair value. Owning 6% of Aphria itself should have pumped this up yesterday with APH rising. But you can't keep an SP down with good fundamentals. This is going to reach $6 soon.
thorgb1 wrote: The market understands the deal, and that we will own 6% of Aphria on closure of this deal. Judging by Vic’s comments yesterday, it also sounds like he is confident that the Brazil deal is not far off, so we will get another 2M shares/$24M value for that and maintain 49.9% of a license in a 210M population country. We are trading about $2 below fair value for just the cash and cash equivalents, giving no value to Brazil or the university research which had positive results just this week. Ridiculous.