RE:RE:RE:Aphria AMAI've been keeping a close eye on both Zena and Fire (Zena primarily cos I have a significant Investment) for sometime.. It looks like a mysterious investor paid Zena 7 million on 31st dec to avoid a hostile takeover attempt from Sundial.. Zena then announced a potential merger opportunity including this investor and/or similar players just the very next day.. It turns out Fire also has gone out to the ATM to draw about 7 mill at around the same time.. Not sure who they paid that to..sounds very sketchy but still very plausible.. I am not sure if all this ties up..but either way it will be a interesting outcome for us longs in either of these companies when this all plays out..GLTA
WiTSL22 wrote: Certainly another possibility Johnale. For me, not a great scenario. Each aquisition will come at the expense of the shareholder for some time to come. Great long term plan though.
Who knows, maybe a prerequsite to an Aphria deal. :)