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Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

Bullboard Posts
Comment by Vinny57on Jun 27, 2020 3:46pm
159 Views
Post# 31199174

RE:RE:Irwin

RE:RE:Irwin
hevin wrote: Could other longs weigh in on this? Normally reverse splits are horrible, however, it did increase ACB's shareholder value...Ziggy, been thinking the same, and I don't see how they can avoid this as the float is so high... thoughts?
Ziggy1950 wrote: What ever we are paying this Irwin guy he is not worth it . You do realize he just kicked us to the curb again. His performance as CEO is dismal we are always a day late and a dollar short with this guy. Nothing is rolled out in a timely manner. I hate to say this but I smell a reverse split coming up. Thanks Ziggy




Sure, I"ll weigh in on this hevin.  Ziggy, we tend to agree on nearly ALL of the issues concerning Aphria but I do not see a reverse split coming.  ACB had to reverse split as it was facing delisting with a shareprice in the 80 - 90 cent range. It did help their share price at the time but with it's dismal financials , closures, layoffs, and news, the price is dropping again.

Aphria, on the other hand, is trading in a flat range around $6 as we wait for financials due to be reported in 4 - 5 weeks. Unless our fearless fiddler REALLY messes that up again with another backhanded bit of negative news, I am looking for a 20 - 30% increase from where we are now.

This, of course, all depends on Simple Simon's intentions.  We are ALL still under the 'cone of silence'.

V.
Bullboard Posts