GREY:DLTNF - Post by User
Comment by
golfyetion May 28, 2024 11:21am
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Post# 36060368
RE:RE:RE:They wouldn't file without merit . .
RE:RE:RE:They wouldn't file without merit . . Insider trading reports show SNDL selling their 20 million shares with reckless abandon. Their remaining position isn't large enough to make them a reporting insider anymore. At last check they had about 5 million left to sell. This makes it impossible for DN to get fair value should they need to raise money in equity financings.
If you read the last DN PR then some dots might start to connect for you. SNDL is being VERY NASTY to us all of a sudden, on all fronts, just as we are in talks with potential strategic partners, possible M&A.
SNDL can't hold our stock down forever though. Things should get interesting over the next few quarters. I hope DN is involved in a M&A transaction that allows them to pay the loan and rid predatory SNDL from stealing our sandbox.