What stock dilution?Maybe now we can finally put to rest all the handwringing about too much dilution holding the stock price down.
If the news is good enough, Aurora can explode out of the gate just as fast as any company. Dilution does not hold a great company back and once again Aurora proves it.
Once the new brain trust member lines up some new partnerships, this stock will explode. You can bet it will happen soon. Especially when you consider that the option for 20 million shares granted to Peltz(price of $10.34) originally planned to vest over a four year period can be accelerated if certain milestones are met.
For instance, if the stock triples to approximately $36.
You can bet Peltz won't be waiting four years to reach this milestone.