Comment by
ilvmyt5s on Nov 19, 2020 3:43pm
MM dropping it so shorts can close for the day. Everybody makes money with APHA. Still two major announcements about US product lines
Comment by
IrishCanuck on Nov 19, 2020 3:49pm
It says Aphria is filing $550 million shelf offering... they're going big game hunting https://www.investopedia.com/terms/s/shelfoffering.asp
Comment by
hevin on Nov 19, 2020 4:26pm
Hey Irish, can you elaborate on this? I'm guessing they're wanting to buy a huge company, but won't this create share dilution? best, good to see the sp remaining over 6US$ as it consolidates before another move upward....
Comment by
CaptinCrunch on Nov 19, 2020 4:42pm
yes would like to hear more about the $550 Million Shelf offering
Comment by
Medicalcan on Nov 19, 2020 5:55pm
The shelf is not new it was amended to include the fact they finished their $100 ATM sale for Sweetwater.They sold at an avg $5.73 us so very good news
Comment by
savantsguard on Nov 19, 2020 5:08pm
https://newsfilter.io/articles/f-10-form---registration-statement-for-securities-of-certain-canadian-issuers---aphria-inc-000173341-43461c2cef2070073de6562fd9d87f66 $100M ATM is complete
Comment by
IrishCanuck on Nov 19, 2020 5:20pm
@savant Wow they finish one today and the fire burns for bigger and more hahaha
Comment by
IrishCanuck on Nov 19, 2020 5:27pm
Sorry I'm spamming now I'll shut up. The 100M at the market part of this 550M registration? Maybe that's why it was a quick dip everyone thought it was a massive dilution but it's not really? It doesn't look as big of news as I thought after going through it