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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 truthseeker1on Nov 17, 2019 2:55pm
67 Views
Post# 30362019

RE:RE:RE:Managements offering at very low prices to raise max

RE:RE:RE:Managements offering at very low prices to raise max your about as wrong as u can get adding 140 million shares is most certainly dilutive what your saying makes no sense here at all as in none;;;;;;;we had a book value based on 175 million shares and now its based on 310 million or so dilution has nothing to do with any shareholder  its the over all picture and its a serious dilution however there so desperate for cash this was the only way to get it quickly (my opinion)
bassfishing88 wrote:
Not dilutive to existing shareholders at all if you take part and exercise your rights.Only dilutive to new shareholders.Year to date ZENA is doing worse than TRST on a percentage basis.That is only b/c of the downward share price when the rights offering was announced.Does that make sense-NO,I believe this artificial dip will be short lived and one should take part in such a gift we are given.May not see $6 anytime soon but $1(first major resistance) in a few months is a 5 banger and who in their right mind would pass on that.Only time will tell but I'm betting i will be right on this one.GLTA


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