AGH 0.00% 2.6¢ althea group holdings limited

Aphria selling down shares at 40 cents (27% discount to listed price), page-8

  1. 3,034 Posts.
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    1) Aphria did not need to be a major stake holder of Althea to be product supplier, just silliness thinking that. BTW ownership control is 51% (25% closer holding they had), Aphria did not have this, so really c'mon!

    2) Althea have not once stated they will / want to become less reliant on Aphria.

    3) Aphria still have stake in Althea, not selling out completely, did you miss that too?

    4) Depends who takes over Aphria shares if it's better or not. If it's a bunch of small time fundies that'll hold less than 5% (highly likely) then they can sell anytime & SH's won't know. It loosens the reasonably tightly held stock. Cornerstone investor of Aphria size is invaluable.

    5) Look for Althea to indicate intentions to enter German market within 12months, they could not go down this path as Aphria exporting there. Now with some distance between them it will be possible.
    (seen the light as entering South Korea & US markets was a furphy)

    6) I could be wrong on all points as I'm a non-holder, & we know nothing. Nice 1st post though.
    Last edited by Marek78: 24/10/19
 
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