Post by
picktheright on Oct 27, 2019 9:59am
reiterating. reconsider. reflect.
In addition to my previous post, I have a few more thoughts I feel like sharing with the fellow shareholders. If you sell your shares right now at 26 cents, you are enabling someone else to lower their average. Look at the following example:
I you sell someone 3 share at $0.26, it will enable the buyer to obatin three rights which can be used to buy 2 common shares.
You sold at $0.26 (3 shares) = $0.78
2 common shares at $0.15 (with exercising three rights) = $0.30
Total average = .216 cents
Do you really think the even with 350 million shares outstanding (assuming the right offering are fully subscribed) Zenabis is not worth .216 cents.
In my opinion, this offering is done strategically to save the company.
Please reflect on the logistics over the next 24 hours before you pull the SELL trigger. Only only you're selling your shares but you are also selling your rights.
I'm urging you because every time someone sells a penny low, that is a penny low of each share I hold in my portfolio.
Comment by
AstonMartin13 on Oct 27, 2019 10:58pm
Assets are worth more then that alone. I am going to buy and avergae down on Monday. This will be a long term hold for me. But at cuurent prices it's a gift!