RE:Not WorriedIt literally makes no sense for the company to raise capitial at this point through the issuing of more shares. This is JMHO but here is what i am seeing and why I make the statement
1) They don't need the money in the short / medium term (3-6 months)
2) Within 3 to 6 months they will be releasing not 1 but 2 QTR reports that will show increasing sale from the 3 companies they picked up in 2021. The first of these is Dec 15th, the second one being March 17th
3) The above 2 mentioned QTR reports will be needed to build the best proposal possible for any capital raise or financing
4) By now the company should be well versed in how the Cannabis Sector responds to any capitial raise for any purpose and therefore should be looking at avoiding this by all means possible
5) The company can (and IMHO should) be looking at traditional bank financing vs. capitial raise through the market in order to safeguard current shareholders.
The above are points I personnally believe in and have gone as far as to voice directly to the company. These were brought to the attention of HEXO Corp on behalf of my own investment group as well as on behalf of Retail Investors who may not have a full appreciation as to why our shareprice has taken the beating that it has.
I cannot say if the company will or will not do any of the above and the points made are IMHO
Best Regards
Q
quinlash wrote: There has been nothing of late that has concerned me about HEXO. Certainly the pulldown in SP is not amusing but that is set by the market so I'll wait it out until the market brings it back up over my average again. Will be going over the Dec 15th report in detail and deciding from there what I will do with the investment at that point.
Going into the report I will be setting out 10% of my shares at a Hail-Mary high-high-high well over my average, just in case we get a big pop on the report while I am still going over the numbers