RE:RE:RE:Hexo downgraded from $6 to $2.54 CAD by JFGToweringmars wrote: If thats what the 'estimates' are, then its priced in already.
Select55 wrote: AND if the estimates are right at 7 cent per share loss we are really fked
GentlemanTrader wrote: They were not wrong after all.
If markets goes down as many are anticipating, Hexo could go sub 2.
What a mess....
At a 7 cent loss and only using the 207 million shares outstanding as of now that would equate to a total $14.5 million loss. Gee I wonder why the market is selling off of LPs and Hexo included. But I guess the general consensus on here is average down. Who would have thought.