RE:RE:RE:RE:Great !!! DilutionIntrinsicValue1 wrote: Sorry but that conclusion is not warranted when you have companies such as Microsoft borrowing as much money as they can when the reality is that they have more cash than God. Its all about what you ca do with the money. When I can borrow 1,000,000 at 3% and generate a 4.3% return with a solid company like Bank of Montreal or 5.1% with Bank of Commerce then it is something I might do. If ACB can earn a 25% or better return on money borrowed for far less then they should do it. That is why I own ACB.
This is good news not bad news. Did you see that the Governor's of New York, New Jersey and Illinois all gave speeches yesterday afternoon clearly indicating that they were going to legalize the recreational use of pot? This story is only beginning and the leaders are being determined right now. Grow Aurora, grow!
$250 million convertible in 5 years. Meh, what’s the big problem. I do expect the price to drop a little initially, but smart money will scoop that up pretty quickly. The oversold status will probably be more influential in a price drop, this will just be a short time catalyst.
PS. The volume & climb the last week still means a lot more to me than this future placement.