RE:RE:HEXO Research Links (May 3, 2021)And thank YOU little jimmie.
Say jimmie - I know that you're a big pumper for Sundial, not sure why - but you post about them all the time.
Hey remember when Hexo paid Sundial $20 million - just to pay off Zena's debt - well, now Sundial made $16 million in one day!
Maybe you were right to pump Sundial after all.
$36 million for doing nothing - you could pay SSL for THREE YEARS with that kind of money.
Here in Canada, The Valens Company Inc. (VLNS) edged down four cents to $3.62 on 1.08 million shares, after another company stepped forward as a sizable new shareholder. Little Alberta grower Sundial Growers Inc. (U.SNDL), down four U.S. cents to 79 U.S. cents on 185 million shares, announced this morning that it has crossed the 10-per-cent shareholding threshold at Valens. Sundial bought 538,400 shares of Valens yesterday at $3.66 (spending $1.97-million) and now owns 16.04 million shares, or 10.1 per cent of those issued and outstanding. It pegged its average cost base for all of its Valens shares at $2.67. That means it has spent a total of $42.8-million. Based on the closing price of Valens today, the investment is currently worth $58.0-million.