RE:APHA & ACB Merger! My thinking is, if USA legalizes just medical those assets are not write downs any more (in my mind). the potential value USA brings, raises the tide on every asset. the only reason these writedowns occured is because the market deemed it overvalued.
however their might be an initial inventory write down because my gosh there is so much.
CaptinCrunch wrote:
This post is for all Aphria LONGS!
Although the SP has been suffering and is extremely undervalued a merger like this will in fact bring the SP higher which we will all love! But, the long term growth,value and future will be totally Fu**ed
who the hell wants all that junk, debt, writedowns and all the other BS that company has. If something like this happens a good LP will go to waste.
im kinda upset that Irwin went to go sit down and talk to them about something like this... something shareholders need to bring up during the next shareholder meeting to figure out what exactly he was trying to achieve here. He promised us longer term value not a merger with a $hit company.
just think long and hard about how a deal like this will have short term gain but not long term gain
good luck to all the longs,
captin