RE:RE:RE:RE:RE:RE:hip.wt.a warrant question....The market hates uncertainty, its likely the reason behind the discount we see between the SP of HEXO and the value at which HIP trades. As confidence in the deal increases we should see the discount tighten up from 2, 3 cents to 1,2 cents. If the merger gets approved I would imagine the confidence in the warrants will jump and the price will go along with it.
If management could just be so kind as to MOTIVATE HIP shareholders with another NR regarding an incentative to vote yes then that would certainly help.
While we wait I am sure there are more than one of two companies out there pondering a play for either HIP directly or both HEXO and HIP together as a takeover. If any company comes out with a PR indicating that they will be approaching either HIP or HEXO with an offer then the whole game changes on a dime.
It is interesting that HIP is now saying that the voting results will come out around May 24th as we could expect there 2019 Q1 results on May 28th. It certainly seems HIP Management is doing everything they can to get the vote clued up before the QTR report is to be issued.
If the report is bad then there is no need to hurry things as I am sure HEXO is fully aware of how HIP performed in Q1 that leaves me to suspect that the report is positive and HIP does not want to put blood in the water to spur on a competing offer.
I realize this is a bit of a conspiracy theory however it makes me think there has to be a second part to this deal that has yet to be disclosed.
JMHO
Jack4000 wrote: Good advice Quinn. I think the problem with the price is related to the deal not being cemented yet. ONce our WTs become HEXO you will see the shotgun moment as all will know those are not a a maybe but rather the longest lived real and tangiable leverage vehicle that HEXO has and will see a move to where they should be. Now, they should be around 28 cents in HIP terms or four and a half bucks in HEXO money.