RE:Quebec considers buying 33% of LNC to avoid non PQ buyerdo you realize that you are comparing a 50 000-employee global corporation to 500-employee start-up??? Do you really think the Caisse and investissement Qubec give a damn about HEXO ? I understand you are not trying to bash, but please don't spread non-sense on this board....
georgeNOTsoros wrote: Again, I'm not bashing Hexo.... it's a company with tons of promise... and pot ..lol...
but it's price is lower than it should be because of Quebec politics....... and I have no problem with Quebec..... they're doing what's best for Quebec, but not what is best for LNC shareholders...
Here's a direct quote from the story.........
"Local investors such as the Caisse de Depot et Placement du Quebec and Investissement Quebec — an arm of the provincial government — could team up to amass a “blocking” stake of at least 33 per cent in SNC, Legault said. SNC could also look to adopt a dual-class share structure to prevent unwanted takeovers, the premier said."