Post by
mrmomo on Feb 20, 2024 8:54am
Canopy VS Aurora....Who's worse?
Usually, the debates & discussions in regards to the above subject matter, surrounds the "superior"characteristics & advantages in relation or comparison to both parties. But in this case, it's Bizarro World in the Canabis space and i'm really looking at who's preformed the worst of the two parties above.
Therefore to answer this accurately, we must look at things such as shady & questionable actions & awful decision making, REDiculous salaries, incentives & bonues while both companies lose hundred of millions of dollars, along with the INSANE amount of both equity & company dilution in the past 5 years and of course last but not least.....the stock's incredibly abysmal stock performance in those past 50 months.
So taking ALL that into account, with Canopy having announced, complete & implemented it's own FIRST share consolidation recently as well, and the good folks at Aurora on their 2ND Tour Of Duty with Reverse splts.....so taking this in account, i ask the question below..
If you, as an investor, had invested a Million Pesos or Bolivars in either company in 2019, who would have done worse? Canopy or Aurora?
This is a really tough one to call....as both have done extremely well in this category and it's VERY difficult to find another suitable competitor with this low a bar, who hasn't gone BK, insolvent or disappeared totally from existence.
In addition, will Aurora go for it's Third Tour of Duty or will someone eventually put it out of it's misery by buying it out or merging with it..... in the coming 36 months?
So... what say you?
GLTA