RE:got a buy at .17StoneMan45 wrote: as I have been saying, the spotlight is very much on Zena right now and if there are/were any other parties considering Zenabis or expansion in general, then Zena will very likely see these other players make a competing bid..which would have to be better. That Zena can not solicit is of no concern as they have no need to, the news does that all on it's own. My guess is this will be revised upward either before a competing bid to try to deter or after a competing bid (but then a bidding war might ensue hence the possibility of a revision before others enter the fray). The current situation is good for Zena and the shareholders ...how many houses put on the market below what the buyer wants specifically to encourage multiple offers so a bidding war ensuse and the final offer is far greater than what the original desired expectation might have been. Relax, this is far from over.
I agree that your move to buy at 17 cents is very smart move. But I still think Zena share at the merge should be valued higher than 0.01772. Even at 0.02 could be more respected.
All the views by the market is saying Hexo got a good deal, I haven't hear anyone say we got a good deal!
Again, buying at 17 cents is great move ... Good luck