TSX:HEXO.W.A - Post by User
Post by
Keeleron Apr 11, 2023 7:33am
185 Views
Post# 35387979
Quinlash said buyout would be $42 a share
Quinlash said buyout would be $42 a share Im starting to think quinlash posts misleading and inaccurate information, based on his uninformed elementary research skills.
There must have been an error yesterday, there'll probably be a press release today based on the PS Ratio - the calculation which of course, doesn't include debt such as the $200 million that was owed to Tilray.
quinlash, it seems you have wasted several years spreading misinformation on Newstrike, Zenabis and Hexo.
Looking forward to your Tilray posts
Post by
quinlashon Mar 10, 2023 4:22pm 141 Views
Post# 35331676
The potential Tilray Takeover of HEXO Corp
I am amazed at some of the comments on this forum. The Shareprice of HEXO Corp at any moment in time can be seen by pulling up a stock quote -> Period. The shareprice cannot be then divided by a share consolidation ratio to say that should be lower. The simple fact is that if Tilray makes another run at buying out HEXO Corp, and this is done by buying shares on the open market, then Tilray will be buying shares slightly over the market price and continuing to buy until they have enough shares to control the company.
If you wish to look at the share consolidation in terms of what has happened in the past you will also have to consider this reality...\
Tilray made a play for hexo for $3 per share PRIOR to the consolidation therefore this is now
$3 x 14 = $42 / Share Tilray Brands Attempted To Buy Hexo For Up To $3 Per Share In November - But Was Rejected | the deep dive If you went short on this one be sure you can buy those shares at $42 per unit as that could be the downside number on a short position play
The company is going to issue a QTR report here soon and that will tell us if they have reached their Adj / non-Adjusted EBITDA positive goal. We know they increased production of high-margin products and reduced expenses greatly, the report is likely to be positive IMHO