Aurora- Healthy Or Not? Does it matter about beverages and any other cannabis derivative in Aurora's silo's at this point? - 12:1 split looming on the horizon. Only reason is compliance? Not good. Will share price tank?
- Balance Sheet an absolute mess. At least another $1.5 billion impairment write down looming.
- Debt... Aurora has zero choice other than to screw their shareholders. Post split, it will be fascinating to see what occurs with share price and dilution.
- Peltz. Why would he, let alone any others want this company right now. SP has to hit ~$30.00 before he exercises his warrants at ~$10.00. This gives new meaning to 'mirage'.
"Dilution. Dilution. Dilution Aurora has a long history of diluting shareholders. Until the cannabis market in Canada took a breather in 2019, the company was using expensively valued stock to buy other producers and cannabis-related businesses.
That’s a great tactic if you’re a moneymaker like Microsoft (NASDAQ:MSFT) or Apple (NASDAQ:AAPL). However, if you’re not making money, the bill ultimately comes due.
More at:
https://finance.yahoo.com/news/forget-1-12-split-aurora-110900643.html