GREY:ALEAF - Post by User
Post by
sthineion Mar 13, 2021 9:33am
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Post# 32792413
SNDL earnings due March 17
SNDL earnings due March 17The buzz is that they are going to announce an acquisition. They need to because their fundamentals are incredibly weak compared to their share price. BMO's Tammy Chen has a price target of .40 on the stock. Auxly, aleafia, valens are all possible canadian targets as well as IM from israel. If Aleafia is not targeted it will at least provide some guidance re the type of valuation being assigned to other takeover candidates. Sndl has over 700 million in cash and the flexibility to raise more via dhelf offering as well as an overinflated share price. I suspect any deal will combination cash and shares.