RE:RE:RE:RE:RE:From the PROF I believe we will see a large equity buy around $15-20 this month. You cannot stop the mj juggernaught that is Aphria. Leaning towards Diageo with their $3B excess cash on hand. If they generate $2B cash per year and have allocated 550M from salzerac sale to the $3B stock rebuy, that leaves around $2.5B available for an equity buyin. Educated guess. GL
Bitofgreen wrote: Simon, in his assessment said Aphria has the goods to go alone so that also speaks volumes. His pedigree is strong and well-respected dealing with the likes of Carl Ichan who invested in him. It also appears other LP’s are failing with product commitments. We should be negotiating from a position of strength and I would like to see a 15-25% equity buy in. Giving the farm away is not smart right now, but we do need to protect our flank.
INVSTIGAT0R wrote:
If another offer is made it needs to be a really good one. If it's a full buyout, let's not be stupid and say yes to some weak-a.ss mid-teens offer, Aphria is worth way more than that and we shouldn't be looking for a small and fast return. If Aphrias fair market value is closer to $16 right now, while also considering what Cronos was valued at, we need to demand $24+ to satisfy all the bag holders here. It is only fair. I'd rather a cash injection and partner because there is way more upside if that happens. I don't mind a cash injection at $18.