RE:RE:RE:RE:Interesting Older Analysis on Redecan BuyExactly
they really went too low and could have financed this at much Higher prices
Eitehr way, whoever bought the shares just got massively cheap shares in their hands. they are going to make A LOT of money
Select55 wrote: QUOTE::
.fri was a combination of a short attack coupled with inexperienced investors panicking. Are you fuking daft or what friday low price was because hexo sold over 50 million shares for $3US you moron nothing to do with shorts or as u say inexperienced investors for fuks sake vulcan123456789 wrote: once again we take the positive and try to bring question into it and make a negative.. if i was redecan id be happy.. the shares i was getting was from a smaller company ..when shares are issued to grow.. it is not dilution.. when shares are issued to survive it is dilution.. they are getting shares in a better positioned company...fri was a combination of a short attack coupled with inexperienced investors panicking..to which it created a overrected situation.. if you held or better yet bought you will be fine.. just have to give it time and let it play out.. jmho cheers
VeritasVern wrote: Imagine if you are the Redecan owners and Hexo wants to give you $525 million in shares at $7.53 while they just gave US institutional investors hexo shares totaling $140 million at about $3.75 Cdn and also a half warrant as well. You would be right pissed off on that idea as just the $3.75 is at half the rate that Redcan gets (double the shares) plus it dilutes the Redecan share count. This alone increases the risk that Redecan backs out of this deal and if they do we will be certain to hit a new 52 week low. That would be lower than the $2.95 set last Friday.