RE:APHA share offeringAt the disgustingly low price that HEXO is trading at it is ridiculous to think that HEXO is not a prime target for a takeover bid IMHO.
A marriage between APH and HEXO would make sence considering APH is stronger in medical than HEXO and HEXO is much stronger than APH. APH also bought out a brewery in the US recently so they could compliment HEXO for the distribution of infused drinks in the US.
My vote would be NO FRIGGIN WAY JOSE !!! but my concern would be that way too many beaten down longs would vote in favor of it.
A Molson or Coke deal would be waaayyy better for HEXO than APH.. again JMHO
Q
CougerMilk wrote:
https://twitter.com/YounggJustin/status/1329523521752616960?s=19 APHA looking for an additional $550 million. So, what's their plan for $1billion in cash? I am probably alone in thinking they may try to buy Hexo.