RE:RE:RE:Got my yellow proxy in the mail today! You never answered the question. Who is qualified in the Concerned Shareholders group to run a US business? Who is qualified to sit on the board espousing a track record in US business?
The Concerned Shareholders Group is largely comprised of the individuals that guided Aurora into the mess it is today. The have a remarkable legacy, don't they?
Are you sure you want to have a debate about competency and qualifications?
Aurora Cannabis has shown a complete disregard for its shareholders
If Aurora Cannabis has taught investors anything, it's that cheap stocks are usually cheap for a reason. We've also learned that not all stocks in a high-growth industry can be winners.
Aside from continuing to dilute its shareholders at an extraordinary pace, poor decisions by management have also proved how little they care about their investors.
In fiscal 2020, Aurora Cannabis reported a CA$3.3 billion net loss, which was magnified by more than CA$2.8 billion in writedowns and impairment charges. While some of these charges were tied to the closure of the company's smaller cultivation facilities and to layoffs, most relate to the company's grossly overpriced acquisitions.
https://www.fool.com/investing/2020/10/29/aurora-cannabis-the-11800-gain-no-one-saw-coming/
imonaboatpal wrote:
Look at the numbers… Australis shareholders have suffered a -94.8% total shareholder return since Australis' initial public offering. Anybody is more qualified than Demott.