RE:RE:RE:RE:RE:RE:HEXO announces filing of preliminary base shelf prospectusThere is no dilution with a share offering per se; yes of course percentage wise your shares are diluted, but the share value increases with the cash proceeds and theoretically the net difference I’d zero. It all depends what the money is used for and how that is interpreted by the market. If they use money to pay off exorbitant debts or to keep themselves afloat while business is slow, then you can be sure that the stock price will suffer. If they use it to invest in a synergetic company at a great price, then the stock price can reflect positively.
I’m thinking if might be mainly for money’s needed to get truss up and running next year. They will still have to contribute their share.