Leave Prof alone He needs our support. He's been pumping this board with good intentions for years.
He's been wrong, we all have. But I do believe he has sources as many times, what he is posting, I am hearing from my circle.
Plans and meetings don't always go the way they are expected to.
Yes there is interest, yes I knew a $100mm deal was being worked on in Dec. Yes there is interest right now. Tough to move on a buyout when credit has frozen. THink about it, credit markets are tight,, cost of funds have increased which is why the talk of QE is real.
When things settle down, you can bet M&A will be at extreme levels cause credit will be so cheap. Banks will need to lend as rates will be zero and they'll have to find ways to go out on the risk curve to increase their returns which will come through capital market divisions where a fee will be charged, with stock and interest in compensation to the bankers. It's coming.
Aphria will not be a private company in 9 months.