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Bullboard - Stock Discussion Forum Zenabis Global Inc. T.ZENA

We are a diverse, passionate team of doctors, scientists, researchers, growers, educators, and advocates who came together with the goal of increasing access to safe, high quality cannabis for medical patients and recreational consumers. Our four facilities are located coast-to-coast across Canada in Delta and Langley, British Columbia; Atholville, New Brunswick; and Stellarton, Nova Scotia... see more

TSX:ZENA - Post Discussion

Zenabis Global Inc. > Opportunities!
View:
Post by Jimmy713 on Apr 30, 2021 10:45am

Opportunities!

Current Prices:
Hexo $8.15
Zena: 0.115

At $8.14 --> Zena is valued at 0.145
At 0.115 --> you are buying Hexo at $6.50

You know what I am saying!!
Comment by cmj1966 on Apr 30, 2021 2:45pm
This post has been removed in accordance with Community Policy
Comment by MomenTom on May 01, 2021 7:10am
For my part, I sold 1500 shares of hexo at 8.12 to get 85000 ZENA at 0.12$.  If the vote passes I get back 1506 shares of hexo (85000 X 0.1772) and I keep the extra 2000$ cash.  (+/- 20% fre money)   But if the vote doesn't pass, that's another story...
Comment by Jimmy713 on May 01, 2021 7:52am
This is very impressive way of thinking, MomenTom. Indeed, a very smart profitable swap. Hexo/Zena deal seems to be supported and desired by the majority. I also hope that your math is simple enough for the dunce who insists to think pennies instead of percentage, we tried to explain this dipstick this simple math but ... Good luck to all HOLDERS
Comment by mydogchach on May 02, 2021 10:37pm
So jimmy - I agree that Tom's way was better than your having a temper tantrum and selling your Zena shares when they announced the deal - only to buy them back later in the same day. With your stated average cost of .175 cents - you'll still lose money at the Hexo conversion at current prices.  Seems to me, your way of investing is what a dunce would do - or at least a dipstick ...more  
Comment by quinlash on May 01, 2021 9:51am
Both Boards of Directors are in favor of the deal, anyone picking up shares since the news came out will be voting in favor and those Zena Longs that see the deal as favorable for the future of their investments will vote yes as well.  Overall I just can't see the deal not getting voted through. The one catch will be if Zenabis gets a better deal than what was presented by HEXO.  ...more  
Comment by Select55 on May 01, 2021 11:18am
If there was a better deal going to be presented it would have been long long before may 01 so no there is no better deal going to happen  here at all;;;;
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