RE:RE:RE:RE:RE:lol, i bought 170k shares today...great timingIts weird - but the whole sector raised cash recently.
VFF - one of the best - 135mil at 15 and change CAD.
Aurora - 5x oversubscribed for their dumpster fire. 135mil
plus a whole host of others - those two just off the top.
At a minimum - putting 20mil in the account at .19 really beefs up the balance sheet (40mil in cash) - and could pay down debt. It also helps to justify the valuation we deserve relative to peers assuming the rec revenues/q revenues trend as expected.
At best its some joint venture, strategic play that requires some capital - to enter USA market.