RE:RE:Offer on the table other than TilrayI hate to disagree with you mr quinlashes, but the 'up to' $3.00 offer was made over a year ago - when Hexo's share price was at $2.40.
It's LONG irrelevent - so I'm not sure what purpose it serves for you to repost the number on a weekly basis.
Subsequently, that dropped to .90, .85 cents, .80 cents - and finally .40 cents per share - for the equivalent of approx. 48% of the company.
Can you provide some logic as to why anyone would offer $3.00 a share when Tilray got half the company for .40 cents - and that given subsequent events, why they would even be offerred the .40 cents.
It seems that some might consider your continual use of the $3.00 offer as misleading and/or inaccurate information. That was then - this is now.
More likely at this point to allow Hexo to go into bankruptcy - and pick it up for pennies on the dollar.
quinlash - (12/8/2022 1:12:59 PM)
RE:Offer on the table other than Tilray
TheNewOldtimer wrote:Anyone hear of anything about a Quebec company wanting to take over Hexo?
We have Tilray in a take-over position at 40 cents, they would need to see the SP actually hit 90 in order to use the debentures as part of the play. The last cash per share offer was again Tilray from last year at $3.
Can't say I have heard of another player but would not be surprised if there is considering current trading levels
quinlash - (12/8/2022 1:12:59 PM)
RE:Offer on the table other than Tilray
TheNewOldtimer wrote:Anyone hear of anything about a Quebec company wanting to take over Hexo?
We have Tilray in a take-over position at 40 cents, they would need to see the SP actually hit 90 in order to use the debentures as part of the play. The last cash per share offer was again Tilray from last year at $3.
Can't say I have heard of another player but would not be surprised if there is considering current trading levels