GREY:FFLWF - Post by User
Comment by
BuddyGuyManon Jan 25, 2020 9:59pm
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Post# 30599473
RE:RE:RE:META versus FAF
RE:RE:RE:META versus FAFHold on though. The difference is the price per share. META's dilution was done at a big discount to the market price, and their warrants were basically what the stock was already at last week. FAF's deal ensures future issuances are at higher and higher prices. $1.40, then $1.87, then the last lot of warrants will be between $2-$6. This brings more cash per share flowing from Couche-tard to FAF (about $380 million growth capital). It's good for the company and good for shareholders. There's nothing not to like about the way this deal is structured. Remember, the eventual plan is Couche-tard having controlling interest in the company and leveraging their experience to make Fire & Flower an international business.
birdbuild99 wrote: lol, every time they get cash from Couche Tard they are diluting through warrants, in 2 years there will be over 400 million shares outstanding