TSX:HEXO.W.A - Post by User
Comment by
Keeleron Apr 12, 2023 11:45pm
83 Views
Post# 35392031
RE:RE:RE:RE:TILRAY / HEXO Merger - Share Ratio Clarification
RE:RE:RE:RE:TILRAY / HEXO Merger - Share Ratio ClarificationExcept it's not what Hexo's shares are valued at today - the $1.58 you posted, compared to Tilray's price today.
It's what each investor paid for his Hexo shares - the longs for example have stated that they have average costs of $10 or more for each Hexo share.
So it's their actual cost - 4,000 x $10 = $40,000, compared to the $3.28 x 4000 = $5,707.
And no Tilray will NOT be increasing their offer - and if Hexo investors vote no (which they wont), then Hexo willd eclare bankruptcy and the investors will get ZERO for their $40,000 investment.