If HEXO changes conversion rate, could end up in court Take a look at Stockwatch and their summary of trades over the last 90 days for HIP.w .
Excuse my math but did a quick calculation of the number of warrants bought by investors.
Around 2 million since January 1 over 5 million since Oct 29. I will let someone else do the exact math.
Anyone buying these warrants would have went to the company website and saw their note
that the conversion rate was $15.80. If they change it at this late date I think they have a
huge legal problem. With what is happening with Marijana stocks in the US, and HEXO's future looking good,
$15.80 does not look like much of a stretch. That .03 bet could be worth a small fortune.
With Retail investors getting more engaged, we don't need another GameStop.