REGARDING < ANY > STOCK COMPANIES COMMENCINGA reverse split.
Lets use Aurora? Who infact is commencing their own which is actually going to be soon 12-1 ratio
Lets just throw out a example share price number after it becomes reality and Aurora achieves a SP of $9.92 Now what comes into play? how many new and existing public investors have alot of CASH on hand to play with a stock that was once a $0.94 stock verses now $9.92? not many. How many people percentage wise jury this time of Covid-19 want to buy a $9.92 dollar stock? Not your average Joe Blow but guess who WILL and are? if you did dip in? Your investment in a duration of time would potentially be swallowed up turning into negative zone by this guy < Mr.Big Bucks LOANER etc > all those different types you know what i mean. They will spin your head around just like a casino by always having the upper hand on you in higher stocked share price companies. Gambling some times you win some times you lose more then you win.
I know theres so many variances of posting info like this can go into many different angles we all seen it, will all have an opinion. We've seen many caught off guard episodes surrounding Stock Company outcomes. Experience does help in your stockmoves but it also backfires some times ) Regardless main objective of Hexo Shareholders is they deserve pay offs and hope everyone makes $$$ regardless of what i say.
Right now Hexo Corp is at perfect share price either to hold long or daytrade with very little cash verses buying in fresh a stock thats over $9 dollars. Do the math its simple. Yes other factors come into play and i WISH one of them gets the RHYTHM going again as they once had it before. HEXO Corporation
AND ONCE AGAIN NO HEXO DOESNT NEED TO ONE AND BETTER NOT.