Post by
Deliver101A on Aug 20, 2021 10:13am
Choice of right target
When looking at HEXO's now CAD400M market cap and desperation to raise equity to fund the announced acquisition of Redecan at a higher price than it's own market value, i think that Tilray should have run after them instead of the us company that is overpriced...
Time is now for consolidation at a reasonnable price....
Comment by
Positivelive1 on Aug 20, 2021 12:02pm
TLRY needs huge institutional investors and maybe the whining by small retail holders will cease!
Comment by
CommonCentsforDollars on Aug 20, 2021 2:11pm
They pushed GTII under the 200 day just today. Smart move on holding back any buy there. I expect your reasoning why it held up so well to date is on the money. GTII - 200 day is $36.26 CAD $32.06 CAD is an important support level on GTII. It could be a good entry point.