My takeI am just speculating here.
I think that this is how it will break down.
Announcement of NYSE listing..don't know when, but before Oct 17th.
Announcement of a cash infusion (like Constellation did)..I have no idea how much but I'd guess if they've been negotiating with the biggies we've talked about then the deal has to be the same or better than Constellation. My bet is Diageo or Altria gets the deal and they put billions into the coffers for aquisitions and growth. I think that is the sticking point. Vic needs a big cash infusion to launch Aphria into the #1 spot. With cash they could begin construction of projects worldwide and establish a dominant position without heavy dilution. Also, I don't think that Aphria wants to give up too much control. So it is either an amazing BUY OUT or a BUY IN but both a significant premium.
Those two catalysts are all that is needed to launch APH into the bigs. I am confident that they are coming. I am very eager to see who it is we partner with. I was really hoping for pharma but haven't heard a thing so that would be a HUGE surprise...but a great one.
Until then, we are range bound. 19-21 seems to be our range ATM.
I barely watch the stock as I was before *minute by minute. I now check it 3-4 times a day and wait for a call from my Aphria friends to let me know we've joined the big leagues.
Have a great evening Aphria longs. Let's hope the rumours about tomorrow are true. I'm tired of waiting too!! lol
Atheena