RE:HEXO After Hours - ZENA Pricing + Comments quinlash wrote: HEXO closed out in after hours at $9.17 USD or $11.65 CDN (Using 1.27 as conversion). That places ZENA shares at a conversion ratio of 11.65 x .01772 valued at .20 Canadian.
ZENA should start to align with HEXO fairly quickly if investors start to believe that the ZENA / HEXO deal is a done deal. I am already part of that group considering both Boards of Directors voted in favor of the deal. My own friends and family group picked up ZENA today to add to their Cannabis plays, personally I opted to stick with HEXO while I wait for higher prices to rebalance the investment and free cash up for other plays.
Link to US NYSE after-hours Quote (Stated in USD)
https://www.marketwatch.com/investing/Stock/HEXO
If you care to learn more about HEXO and what they have on the go with Molson-Coors, Coke (yes, seriously Coke) and Dwayne Johnson (yes... "The Rock") then go check out the HEXO board for one of my posts regarding "Hexo Summary", everything is outlined there. You may seriously want to hang onto those shares as you are likely partnered with one of the few Cannabis companies with the largest potential in the market.
GL to all the Zena Longs. As a HEXO long I do certainly hope you vote in favor of the merger and would look forward to chatting with you more.
GLTA
Q
If I wanted Hexo shares , I would have bought them instead of Zena...