GREY:BZAMF - Post by User
Comment by
UserErroron Aug 31, 2018 10:44am
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Post# 28548502
RE:Beverage second - ACB First
RE:Beverage second - ACB FirstCould be an announcement after 4pm today. Gives a good amount of time for the market to digest.
Ideal scenario would be Aurora inks a deal with Diageo that also brings TGOD into the mix. Provided it's an ownerhsip interest in Aurora, they would then use that money to make the 8% purchase in TGOD. The miletstone after that (50% of QC project complete as per budget) probably isn't too far down the line either, so they need to consider how much that will cost too before pulling the trigger on this milestone. I don't think they can afford it without a cash injection from a company outside the space.
I'm also very long Aphria & Canntrust Oct Call options, so if Diageo picks either of them I'm still laughing. Thumbs down to Tilray and Cronos.