RE:What is Hexo worthBlackbear wrote: If it doesn't have enough cash to cover debt and expenses on its own? ....hexo is a sitting duck on the pound, sooner or later someone will take a shot at it...and it won't have a happy ending
Over $500 million in current liabilities? A lot of current assets in restricted funds and escrow, but still. Fantastic improvement in sales and gross margin, but clobbered by operating and interest expenses, resulting in just under $115 million loss.
I don't know what Hexo is worth. If it was for sale, what would you pay is perhaps a good question. What about you? Also, what about this sector in general? Too many players, and not enough margin? I think a serious consolidation is forthcoming. The well's gotta run dry at some point.