Bullish
$VFF. If I had to guess why VFF did a bought deal prior to 4Q earnings, I would say the following possible reasons: (1) Beacon has been loyal and bought many shares at much higher price on previous bought deal. Vff offered them shares before good 4q to lower their average for their loyalty and to allow them to recover some $$ due to the 12 month stock thrashing. (2) it gives VFF cash now if C-19 causes any negative opertional impacts (3) it allows VFF to buy more PSF in the event emerald collapse in the hard times. These are the only 3 reasons I can think of to make the timing reasonable in any sense. If not these or a combination of these why? I cant believe Mike would be that dumb otherwise. They are not in desperation per there financial filings, so that holds no water . Thoughts?
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