HEXO Equities Warrants Exp 2 Apr 2024 T.HEXO.W.A

Fintel Estimate - Stated USD ($2.71 USD/$3.62 CDN)

[quinlash]

As noted, you can find whatever estimates you like, some will be much higher than others while, at the same time, others will be much lower.  When reviewing estimates you need to consider the source (is it one you trust, is it a source you used before and they were accurate, also does the timeline align with your willingness to hold for).  

Other considerations when using estimates include:

- Is the webpage up-to-date ?

- Does the estimate take into consideration changes within the sector or changes on part of the company you are investing in ?

- Which currency does the site use ?

In terms of Fintel specifically.  I do believe the site is fairly up-to-date however I do not believe it is taking into consideration progress being made towards US Legalization and what may happen with Cannabis in the coming days and weeks (refering to the SAFE Banking ACT).

Also in terms of Fintel, the prices stated are in US Dollars so anyone seeking CDN would need to apply the most recent exchange rates.  Here is what I have regarding that:

Fintel (US Dollars) : Low / Medium / High / Average   = $1.12 / $1.24 / $2.71 / $1.50

Fintel (Converted to CDN Dollars):  Low / Medium / High / Average   = $1.50 / $1.66 / $3.62 / $ 2.00

CDN Conversion performed with exchange rate of 1.3375

Link to Fintel Data
https://fintel.io/sfo/us/hexo


Other sources for estimates and fair market value include MorningStar, both the US and CDN sites for Yahoo (which often differ greatly) and countless others...  all of which will vary one way or another.

Actual pricing day over day is determined by the willingness of investors and traders to purchase shares as well as their interest in selling.  The balance of these two forces is what determines what the actual shareprice is at any given moment. 

You should notice that news moves the market, that either being positive or negative so try to make an effort to understand what may happen going forward.

Good Luck to all, hope everyone is having a good weekend.

Q

- Long on HEXO