TSX:HEXO.W.A - Post by User
Comment by
Humaniston May 11, 2021 11:54am
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Post# 33173834
RE:HEXO Discloses Potential Acquisition of US Facility
RE:HEXO Discloses Potential Acquisition of US FacilityHey quinlash, this is good news for shareholders if the facility has high revenues and /or profitable etc.. but at this point for us long shareholders i don't see it this way bc if they announce to buy the facility and issue a lot of shares of a combo of cash and shares at this price, we're cooked as shareholders for a long time. ive been in hexo fro a long time. so i am not sure whow to feel other than worried we drift lower againm and i won't get my money back at least for a long time.
becasue to dilute further after we recently went through reverse split.. my god when will we catch up..
glta. i guess to be seen. .
p.s. the whole sector in down trend