Zenabis Global Inc. T.ZENA

drink some coffee and wake up

[StoneMan45]

for those selling at .17 , that would be like selling Hexo at $9.59  when Hexo is currently selling at $10.83...that to me seems pretty crazy but maybe that's just be me. 
Also , if a bidding war were to happen you will really be kick your own butt later..

[Jimmy713]

That is why I bought back at 0.175 :-) Got extra cash. buy it off them at 17, will not be a challange selleng at 21-23 cents within 2 weeks Good luck

[savy53]

it s the price of hexo that got to go up up up 50-70%

[Jimmy713]

I agree, Hexo traded at more than $13.5 just last Wed. That makes Zena's value at more than 23 cents I am saying it is not a challange for Hexo to hit $13 in 2 weeks time. If people selling at 17 cents, just buy it off them Hexo Price  $    10.00  $    10.50  $    11.00  $

[savy53]

that s wy thez will short hexo shoooort for sure  they have to keep it down.....to get zena cheap...

[Morningcoffee]

The price of the purchase and share ratio have ALREADY been established in the NR. 

[StoneMan45]

was going to say something re savy 's posts and that Savy53 seems to have a  misguided / poor understanding of the transaction. Transaction is very simple so it should be easily understood but obviously I'm being too optimistic of some here.

[Morningcoffee]

I don't get how people can't understand simple sentences.  Either that or they sound dumb because they have an agenda.

[bassfishing88]

Possibly true so time to buy hexo as well b/c it will go up after the merger as it is being held down wouldn't you think 

[Jimmy713]

Yes MC, the ratio of .01772 or ~1:56.5 shares is set in the NR But how much is that translated to will depends on Hexo SP When Hexo SP= $11 --> $11 / 56.5 --> 0.195 cents If Hexo goes back to $13.5, your zena would worth 24 cents Right?

[Morningcoffee]

That's not the point.  No matter what SP both companies is (or will be), you will still get the same quantity of HEXO shares for the quantity of ZENA shares you have. 

[savy53]

yep

[Morningcoffee]

Nope.  HEXO could quadruple while ZENA lose 50% and you will still get the same ratio of HEXO shares.  Stop your nonsense Unsavy53. 

[savy53]

y did i say something else

[truthseeker1]

lol now thats  the only true statement and  decent post u have ever posted here

[Morningcoffee]

Cool. That is still one more than you lol. 

[savy53]

))?

[Jimmy713]

I agree 100%. I for one, not planning to stay until that time, I have a target of 21-23 cents to sell zena before the official conversion. As for the people who decided to sell today, Zena worth ~19.5 today 2:30pm Good luck to all 

[Silver27]

Morningcoffee: I am new to stock market will my zena stock get converted automatically to hexo or i need to perform anything. Should i sell or wait ?

[savy53]

nothing to do just drink a coffee

[Nuongalex]

Hey Jimmy,  Is that your educated predation .21-.23 in 2 weeks?. Glad you bought back in as I would have missed your posts which are usually informative, thxx  

[Jimmy713]

Thanks Bud The trend is cannabis, and hexo would have no problem to trade back north of $13. However, Savy is right too, the shorters could do 2 birds 1 stone by shorting HEXO which lowers ZENA by default. I am comfy with my decision to targer 21+ cents. Good luck

[AvInvestor]

Good point! Selling at the current market price is absurd!