RE: Aurora Cannabis Inc. (ACB)

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Aurora Cannabis Inc. (ACB)

in haejin •  6 years ago  (edited)

Check this out: https://globalnews.ca/news/4950265/aurora-cannabis-q2-february-2019/

Shouldn't ACB be a long short?

1,013,134,389 Outstanding shares

Now, divide that by 500,000 Kilo's annual cannabis @ $6,230 Kilo /or $3.115 Billion annually = $3.07 a share and its trading today @ $11.77 ?

Opinion?

haejin
6 years ago by

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      ·  6 years ago 

    ACB is extremely diluted and I think it will continue to be diluted as the companies goal seems to be acquire as mich as possible short term at the expense of shareholders.

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