$5 price target coming (after R/S)Do the math on what they have stated. They fully intend to dilute this by another 600 million. Thats anotehr half of what they are worth right now. That will come with ZERO news in the way of Mr. PEltz or anything else.
The reason they are doing this is to DILUTE. Even if they get let off the minumum $1 NYSE price they are still going to DILTUTE another 600m.
This company spent four years swollowing POISON. With the values they were putting on a few plant operations I tried to sell them my 4 plant op on my deck. Figured it was worth at leat 4 million based on their valuations.
Peltz was NEVER here to help Aurora. He was always here as a scout for Mondelez. Mondo will get pick up the pieces of this train wreck. They will salvage what they want and unk the rest.
Current share holders will be ruined as per the boards mo and PEltz STRATEGY.
From the first day that clown signed on ACB went on a slide. The man hasa stated NOTHING! Apparently his contributions have included PREVENTION of a partner and the big ol'dud of a UFC deal. That deal consisted of Aurora PAYING millions for a logo to go on a mat. THERE IS NO PRODUCT, THERE ARE NO CLINICAL ANYTHING COMING.
Over a year later and still silence from this wonderful management team. Silence from their IR (thats nolonger even run by them, contracted out now, external, go ahead and TRY and contact them).
Another 600 million of dilution no matter if they split or not. Gotta pay those executives to do this great job!