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Bullboard - Stock Discussion Forum Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints... see more

NDAQ:APHA - Post Discussion

Aphria Inc. > Please people read. PLEASE
View:
Post by CaneIsAbel on Sep 13, 2020 5:26pm

Please people read. PLEASE

Last quarter they did an at market sale for 100 million which can lead to dilution upon its closing. 

https://www.google.com/amp/s/www.barrons.com/amp/articles/aphria-pot-stock-selloff-wider-than-expected-loss-51596046788

 

also the last 100 million he raised from an "unnamed" investor led to about 6 percent dilution to existing share holders. Do I really need to include a link for that too?  Look it up. The man is killing the company

Comment by Medicalcan on Sep 13, 2020 6:05pm
My point exactly it "can" lead to dilution, it has not yet and will only dilute if they use it it's like a line of credit. If they use it to buy a cc pharma type business in the US I'd be very happy with that. As for the mastronardi's, I could see them on their way out, word here is they have no clue how to grow weed but that is just hearsay and rumors around here.
Comment by Vinny57 on Sep 13, 2020 6:52pm
The fact that this "potential" dilution is hanging there in front of everybody's nose leaves a very negative and bitter taste in the mouth's of the shareholders.  I will include the wording below and will not comment further on this subject. However, I will say this in advance: If you no not believe this action dropped the share price and is keeping it down,................. ...more  
Comment by CaneIsAbel on Sep 13, 2020 8:15pm
It's a dilution pure and simple and thank you for the post. Because Irwin had already diluted us 100 mill few months prior. He decided to word this one a bit differently so it isn't as direct even though it's essentially saying you will be diluted 100 million again shortly. That's why it's flying over the heads of guys like positive and savage who are cheerleaders for Irwin ...more  
Comment by Ziggy1950 on Sep 13, 2020 8:38pm
You are a little crude in your assessment but more or less accurate , the way I see it is this Irwin azz clown has personally halted Aphria in it's tracks for 5 quarters in a row and those quarters were actually decent numbers that we should have capitalized on but as it turned out it was one step forward and three steps backward , Irwin should be fired no doubt about it . Thanks Ziggy
Comment by CaneIsAbel on Sep 13, 2020 9:03pm
Maybe crude yes. I guess after a week of discussion on this board there are those of us who feel the way we do and others feel differently. Let's See what Irwin comes up with in these next crucial months leading into US election. Let's see if he can make something hit other then exercising that 100 million dilution. Let's see
Comment by KnowNot on Sep 13, 2020 9:27pm
What's with the "we"? I thought you said you're a short seller? Buzz off.
Comment by CaneIsAbel on Sep 14, 2020 6:54am
I'm not a short seller lol. I responded to a comment of someone claiming he wanted to resume shorting. I'm long Aphria since 2018
Comment by CaneIsAbel on Sep 14, 2020 6:56am
If I were a short seller you think I would be upset with Irwin Simon?  He would be my hero 
Comment by BigBozzMan on Sep 14, 2020 8:00am
The Mastronardi's are more than capable of growing anything they have been in agriculture all their lives. Anyone can grow it any you're results will vary. I have a few friends trying to grow their own but here it what happened to them. One specifically planted 4 plants (outdoors) and due to the recent storms 2 have succumbed to the weather. One plant is barely hanging on and the other ...more