RE:RE:ACB ahead of the game. As has already been mentioned many times here before, simply looking at the share price is very misleading.
Especially in this case where Aurora now has about double the number of outstanding shares after all of their recent acquisitions, including the big 2 of CMED and Leaf. So, I believe their current market cap is back in pretty much the same ball park as where it was when their share price was at $15.20.
Actually, when you compared the current market cap of ACB to Weed, it looks like Canopy is way overvalued as compared to where Aurora is trading at right now. Especially if you factor in the over 100M additional new shares which Canopy will have to issued to Constellation resulting in them having a market cap triple to what Aurora currently has.
greenup wrote: Let's see, WEED is trading at almost double of its previous 52-week peak, APH is back at its 52 week high, ACB is still down 50% from its 52 week high.
Let the numbers speak for themselves.
EOM
TheRock79 wrote: Consolidation will be inevitable in this industry to create 3 giants. ACB seems to be buying the best and the biggest early on at a low cost. The weed and APH will have no choice to buy others at one point and dilute themselves. I’m an investor in all 3 but acb is starting to be very attractive