RE:RE:Tilray Brands seeks US$250M for U.S. cannabis expansionDogsbreakfast4U wrote: They where will be more than a billion shares when this is done! Talk about dilution for long suffering investors.
Well first off it's a max of 250 mil, not a guaranteed 250 mi and secondly your math is horrible. If the atm only executes on highs the shares needed are much less.
The stock is trading under book value. Value investors looking for a cannabis company with US exposure are not going to overlook that
If the target company can produce US cannabis sales revenue immediately for Tilray then their sales could make a major jump.