RE:RE:RE:RE:Great article about AuroraI know what you're saying but I honestly believe that Aurora is going to be in trouble in two or three quarters and we'll have to do another round of dilation in order to fund operations. I see Aurora share price dropping to between seven and eight dollars and then one of two things will happen. Nelson Peltz will make his move to break up the company and unlock value or as you say a hostile takeover may happen at a 30 percent premium, 50% if they get lucky. Let's wait and see how it plays out.
Jodiangel17 wrote: Homestretch4me wrote: I agree, I just dont think they will get a 50% premium. 30% is more likely.
Jodiangel17 wrote: Homestretch4me wrote:
the article list at Aurora as one of the top three marijuana companies to stay away from. It summarizes my thoughts on Aurora perfectly. If you Google 3 pot stocks to stay away from this summer you will find the article. Like I said before, Aurora will be in trouble two or three quarters from now due to a cash crunch. Unless of course they dilute you guys even more. Nelson Peltz is finding it very difficult to secure a partner for Aurora and that's a shame. Aurora could have been one of the better companies out there but now they'll be lucky to be number five or six. Poor management decisions are costing them big time.
Eventually someone wil come in, present a hostile takeover and shareholders will get tired of waiting around and approve it. Guarantee any offer thats in the $15 range will have investors that have been red for a long time happy to break even and move on.
I think the offer will have to be somewhere near the high or else they know no one will approve