TSX:HEXO.W.A - Post by User
Comment by
Select55on Apr 27, 2021 10:31am
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Post# 33073860
RE:HEXO TRADING AT $1.83 PRE-RS
RE:HEXO TRADING AT $1.83 PRE-RSQuietinvestor wrote: After everthiong that HEXO did to try to raise the SP, it has not worked.
1. Purchase of a company that was close to being bankrupt.
2. Numerous NRs about new products.
3. Announcing that they are going to increase shareholder diluton to get into the dibles market in the US and increase share numbers by aniother 200M shares. Is another RS in the works in the next year???
GLTA
one thing for sure they sell anywhere near the shares shown in the prospectus we all know the share price will do a dumpster dive there is no way aroud it They have to start showing + income instead of - income to move the share price ;; lets hope the zena sales will help