HEXO Share Registration - Hostile Takeover AvoidanceJust sharing as an FYI. I have been comparing our trading ratios to sales etc and we are trading super cheap which concerns me in terms of the potential for a hostile takeover. While a hostile take over COULD be beneficial to investors I am more inclined to seeing any take over bid be put to a vote to see if the majority of shareholders favor it or not and maybe getting better prices negotiated.
To help avoid the possibility of a hostile takeover I am considering registering my shares with the company and making the same suggestion to my friends and family group.
This option may not be something day-traders and swing traders want to consider but as a long-term investor in the company (and one who wants to see the best for the company and shareholders) it is something I will be looking at more closely.
FYI on Share Registration
Shareholder Register - Overview, How It Works, Contents (corporatefinanceinstitute.com)