RE:More dilution in its future!Not like it was wasn't known that there would be some eventual "dilution" of share holder value in this stock. Back in April of this year, HEXO announced that it had filed a "new regulatory form that would allow the firm to raise $1.2 billion in fresh equity capital over the next 2 years". Obviously needed some infusion of "fresh capital" to buy Redecan.
Sense is this company and it's 2 "wonder boy" founders are trying to get HEXO to profitability by acquiring other cannabis companies at investor and shareholder expense (losses).
They even have a book out (available on Amazon) on how to transform $60,000 into a $billion company.