RE:RE:RE:MMCap - method/stayinvested Thanks for your take - I too am concerned that we are at the mercy of mm for a sellout as I mentioned.
I would say - an all cash transaction is very unlikely - as aphria won't want to burn that much cash - and the dilution to their share count would be minimal with their valuation at 1.8bil.
being in aphria - it would provide mm more liquidity to sell if they wanted.
I listened to the conference call - and Irwin said the 100mil ATM was in case they made an acquisition and there was payouts required.
ie - a change in control of fire results in full payment of the debenture. 36.5 mil - regardless of buyout price.
remaining shares (488) convert to aphria - so even less dilution for them.
there is a lot there to make you wonder for sure......
I'm working hard to get my average down - owning some debt actually makes sense to protect from a purchase below .285.