RE:RE:WHY?I thought I should address this:
The amount paid for Broken Coast was the equivilent of $10,000 per patient. Yes, $10,000 for every patient we picked up. Look it up. It diluted the stock. You may like the product, but it was a huge price tag for a small facility with low production. It will take years to make it up.
The delisting? You can't forget that. ....Nor can anybody else who was here at the time. It just adds to the "Oh ya, Aphria. Aren't thay always in trouble for something"? mentality.
As far as the $100B companies.....Well?....Where are they?
My point here is that Aphria has been plagued by many unfortunate circumstances with many being self inflicted. Death by a thousand cuts if you will. We are in the healing process now.
There are many of us 'longs' still here who know the potential of this company. We just need the rest to forgive and forget the missteps of the past. We can agree to disagree if you like.
kingbear wrote: LOL, are you really saying Broken Coast is part of the reason the market hates Aphria? Geez some of the things I read on here.
Almost everything you laid out can be applied to ACB and WEED, not just Aphria. The delisting threat is a non-factor the stock ran to $20 two different times after that.
And yes, there are plenty of big $100B+ companies circling Aphria and the sector.
Vinny57 wrote:
Why you ask? I'll explain it again. I've said, "Everybody hates Aphria". The reasons are:
The C.E.O. was found with his hand in the cookie jar along with the founding members.
The company was being threatened with delisting because of U.S. involvement.
Associates where also found with cookie crumbs on their fingers.
Nuuvera was purchased at an exorbitant price. (Share dilution).
Broken Coast was paid for at a high premium.
The 'Short Report' told everyone that Aphria was a "crooked" company.......(Although not so).
The share priced crashed. (People remember that one).
The LatAm deal was overpaid for. ( Write down).
The CEO and founding members step down. ( Never a good thing).
Double Diamond approval taking far too long.
No joint venture ever materialized. ( No whales circling the area ).
I'm sure there are more to add. SO......Why would you invest in a company with such a shady track record? Well?......we have. Fortunately, the tide is turning. The last QR was very positive for you and I. Simon may be doing something right after all. We will know for sure in 3 weeks. A second favourable QR will have the fence sitters realizing the Aphria is the best major LP out there and worth investing in. Money is leaving WEED, TRST and ABC and I believe will be directed into APHA. It all depends on what happens in 3 weeks from now. I've been a holder and believer for 3 years. ....... I can wait 3 weeks.