RE:RE:RE:The $1.69 conversion price is concerning Right... the "price action" today is definitely Zenabis specifc when S&P 500 has been down fighting its way up from a gap down open. NASDAQ down 69 bps all day. And Canopy - 3% while entire cannabis space BOTH on Canadina and U.S side are down, Zenabis is probably the LEAST down today yet you're saying this is "the market proving" today?
LOL. get out of here before you start sounding more and more like a $1,000 TFSA basement trader. Stop spreading FUD it's not working. We know you sold like an idiot and now regretting it.
We welcome you to buy back in, but please, for the love of god say something legitimate because yes they do need $100m financing probably, not going to argue that, but I already explained why your $100m financing nonesense makes no sense... @ $1.25??? Buddy if the stock is issuing at that price, I think half the investor base would have already been gone by then. Second - every singel cannabis player NEEDED and NEEDS and most DEFINITELY WILL NEED more $$$ in the future, name one one Company that doesn't, not sure what your point is, if you want to avoid financing, let's just not trade anything in this space then.
Also not sure what you mean by company cutting bankers deals, do you know how capital markets in the real world/front office really works? It doesn't sound like you do. It's in both parties best interest to be raising at a higher price, both parties receive more, in what universe is offering at a cheaper price a bad idea aside from pricing it where people will actually give money? Regardless, the last round was at $2.25 with over alotment option exercised, meaning people wanted MORE. Demand was real and max.
All in all - your post literally has nothing that investors aren't aware of, and you are spinning it completely out of context in your favour. We will see - but I'm quite certain more likely than not, stock fills the gap then decides if it's going to $6 or $4, but $3.00 ish is the first step to even beginning conversations.