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Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia. Zenabis currently owns 3.5 million square feet of facility space.


TSX:ZENA - Post by User

Comment by NOdillutionon Oct 31, 2019 12:06pm
75 Views
Post# 30292350

RE:RE:RE:Interesting

RE:RE:RE:Interestinghttps://www.zenabis.com/docs/zenabis_rights_offering.pdf and sedar.ca 

"We understand from the TSX that, due to trading and settlement mechanics which are out of Zenabis’ control, the common shares of Zenabis will begin trading without an entitlement to a right as of market open on Wednesday, October 30, and at the same time, the rights will begin trading on the TSX. Shareholders are encouraged to contact their investment advisors with any questions they may have about trading and settlement mechanics."

You purchased before the 30th and hold until tomorrow, you get the Rights.  If you sold (or short sold), you can't buy back ZENA as of yesterday and get the rights.  That window is closed!

If you are a holder, HOLD. Hold into Zenabis LARGEST production month. Over 5KG of production.  People will jump on once all the uncertainty is gone. I like to buy at the bottoms but it's not a safe trading practice.  VERY lucrative when I'm right, a big hit when I'm not.

Shorts in the know purchased back on the 29th, that's why we saw that 16% green day.  If shorts were not aware of this little detail, they need to come up with a ZENA.RT for every ZENA they held short.   You don't want to short unless you REALLY know what you are doing.

Some bears are about to get skinned!  Watch and learn boys and girls.


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