GREY:ALEAF - Post by User
Comment by
sthineion Mar 05, 2022 8:55pm
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Post# 34487486
RE:RE:Hero worked out something on their
RE:RE:Hero worked out something on their I agree. No kidding. Whyou else would say competitor bail them out. They are going to end up with 37% ownership of hexo if and when the concert the debt. Theven debt is convertible at .90. Way below the initial conversion rates on that debt. When the stock is at .90 ancient the convert it will eliminate the debt and the upward pressure on the stock will increase without $25 million in interest charges. Tilray then will likely move quickly to acquire the rest of the company between $1.50 and $2 imo whicheck means they can get the whole business for less than the price HEXO paid for Redecan just last may. I would prefer to see a share offering then hope that Germany opens up recreational market where til ray has the biggest advantage over all other Canadian suppliers.