How-to-Moderate-Auxley-FB-Group-In-a-nutshell1) Allow pumpers to post unfactual claims
2) Turn-off commenting so no one can debate
3) Regurgitate same said info on public forums aborad
4) Return to FB group and pretend like you didn't just do the above 3, in order.
4.1) Be sure to ban the people providing facts so that they appear as "paid bashers"
#CULTSTOCK2019
#AuxCult
#WhathappenedtoWheaton?
Auxly Cannabis (NASDAQOTH:CBWTF) lost more than half its value in 2018, making it one of the 10 worst-performing marijuana stocks of the year. So far in 2019, the stock is down close to 20% while the shares of many of its peers are soaring. But is Auxly now such a bargain that it's a great pick for long-term investors to buy? And the ugly
What's the worst thing about investing in Auxly Cannabis? Its ridiculously high amount of dilution.
Auxly has to be able to access a lot of capital to fund all of the deals that it makes. Unfortunately, a key way that the company raises that capital is through bought-deal financing, a transaction where it issues new shares with underwriters agreeing to assume all of the price risk by committing to buy the shares upfront.
Although these bought-deal financing transactions provide the cash that Auxly needs, the issuance of new shares reduces the value of existing shares. To understand just how rough this is on shareholders, consider that Auxly's market cap actually increased by 48% last year -- but its share price plunged more than 50% because of dilution.
https://www.fool.com/investing/2019/02/17/is-auxly-cannabis-a-buy.aspx