RE:RE:RE:RE:Raising money at .15 causing massive dilution addingMJVigilante wrote: 199David wrote:
sp may not drop before the expiry of the rights, but after that, who knows, likely further tanks.
that is not what history tells us. but performance will ultimitily determine the stocks value.
Hard to predict Zen will have good performance. Reading the info in Health Canada website, it seems cannabis has been over supplied in the market. Zen's revenue of last quarter decreased a lot, plus huge debt. They desperately need case, but seems they have difficulty to raise money from other sources. Therefore, have no confidence with its performance.