RE:RE:RE:HEXO @ $9.60 = ZENA @ .17True but from where I am sitting I see both Boards of Directors approving it and I can't imagine anyone coming in on the shares is going to vote against it so IMHO the deal will get voted through. With that thought in mind I picked up a position because I see a ton of undervalued potential in HEXO and see more potential now that the two companies will join forces.
JMHO
Q
Morningcoffee wrote: Not sure why you guys keep counting the premium. The premium is only good if the deal goes thru.
Jimmy713 wrote: Since day #1, Zena is trading ~2 cents less than converted value
But lately, it is gicing more! for buyers joy I guess
Hexo $9.90 --> means 17.5 cents for Zena
Zena at 14 --> means hexo is trading at $7.90
What gives more!!!
I am out of cash, I would be buying if I have got more cash
Cheers
quinlash wrote: Guys, you are posting your shares super cheap IMHO, the HEXO / ZENA deal is highly likely to be approved and if you can wait for that to happen you can sell your shares later (as HEXO shares) at a much better price.
Q