RE:RE:At this point, as a long term shareholder Both Zenabis and HEXO Boards of Directors are in favor of the deal and I have a hard time believing that anyone buying shares since the news of the deal coming out would cast a "No" vote. IMHO the deal is already signed, sealed and delivered, the only thing that may cause issue for HEXO is if Zenabis gets a better offer.
From strickly an investor's view I would be perfectly fine with that as a better deal would certainly be expected to increase the sharprice and speculation alone on a bidding war over Zenabis would again pop it up, add into that mix margin plays on the stock and we could be looking at higher prices than what have been seen on the stock over the last year or more.
GL to the Zenabis longs.. I am from HEXO and looking forward to success for both companies.
Q
Jimmy713 wrote: You are getting too excited, Spectra.
Keep in mind for Zena to survive without Hexo, they will need to dilute at least a Billion shares giving this SP & the cannabis sector in general. So, it is a catch 22 any way you look at it!
I believe the deal with Hexo will give us much better potential. Spectra7 wrote:
of Hexo, I hope that Zena shareholders turn the proposal down. With the most recent NR from Hexo regarding the future base prospectus of upto $1.2 B....let the Zena sp continue to go down and then make a stink offer reflecting the current market conditions. Make $$$ regardless of the market direction. Take advantage of any and all trading options/opportunities. The market will determine both companies futures. S7