Zenabis Global Inc. T.ZENA

Discount

[Canuck30]

Why is this stock continuously trading at a discount to Hexo buyout price? There's a 15% discrepancy when you take into account the 0.01772 rate. I figured this would have fixed itself by now.

[Jimmy713]

Perhaps by the summer, when the deal is nearer to close and finalize.  Now we are 6 months or so away from the end line. So, you always expect a discount ... The discounts gets narrower each month ...

[mydogchach]

Jimmy713 - (2/18/2021 10:18:34 AM) RE:Discount Canuck30 wrote:Why is this stock continuously trading at a discount to Hexo buyout price? There's a 15% discrepancy when you take into account the 0.01772 rate. I figured this would have fixed itself by now.  Perhaps by the summer, when the deal is nearer to close and finalize.  Now we are 6 months or so away from

[mydogchach]

And just one other point. some shareholders are confused in thinking that just because Hexo goes up or down - that there is an 'automatic' link between the two companies share price. At this point - there's only talk of a merger and upcoming vote, until that approval is offcial (which is probably will be) the two are separate companies conducting separate business transactions

[Canuck30]

Makes sense. Just need to sell my holdings and free up cash. My average price is .175 so looking to make a small profit and move on after 2 years. 

[Jimmy713]

Aren't we all in for the profit ... I am almost at the same price 17.2 or so I initially entered to get easy 30%, but I am thinking to hold longer now... We will see In all cases, I believe it is a good investment and my money in where my mouth is!

[Morningcoffee]

If you read the NR, it clearly says that when looking at both 20 MDA, ZENA was given a premium of 19%.  Here's your discrepancy.