RE:RE:RE:THE CANOPY STOCK SPLIT OR SHARE BUY BACK WOULD WORK MAGICMick;
You do realize if it's a 3 for 1 stock split, we are going to end up with over a billion shares outstanding by the time they add in the additional shares that will be printed up for the Constellation deal.
They claim on the Aurora boards that the huge oustanding share float (something like 932M shares) is the one big anchor that is keeping the share price of the company down. Some of the crazies over there are even asking for a reverse stock split, without even realizing the negative connatations associated with a move of this type.
OriginalMick wrote: Here is the thing. The stock split was voted on and passed. So we can pull that card at any moment. If we pulled it this week do you think joe retail is going to buy ACB for$13, APH for $18 or WEED for $20? I think that coupled with other news that will come after the constellation deal would do e a they what we need. I also think a split would protect us somewhat from a severe correction. I trust Bruce and Rob 100% and will not give up one share unless something in the sector caves. Mick1Edwards