well quin lash, what are your Zenabis shares worth? Zenabis share price was what - .07 when they converted to Hexo?
Hexo traded at .15 cents when they converted to Tikray. - and you posted that your average cost was around $7.00?
How much will Tilray share price gave to increase - just for you to recover your losses in Zenabis/hexo?
$15.00?
You are also down on any Tilray investment you've made to date.
Tilray has Hexos B9 up for sale - for a lousy $20 million (having spent $100 million to build it)
North48 had shuttered operations before the acquisition was finalized
Truss was a separate entity - a private company. You owned ZERO shares, so they did not convert to Tilray. Tilray acquired Molson's ownership separately.
Zenabis facilities were lost to SNDL thru bankruptcy. Hexo/Tilray lost two production facilities, one of which is EU-GMP certified and accounted for 90% of Hexos international sales - along with $30 million of Zenabis inventory and IP.
You will NEVER recover your investments in those failed companies - and you chose to invest in those losers because of your lack of research skills - which is basically reading company's own press releases and making PooW grope videos.
Post by
quinlashon Jul 10, 2024 4:36pm 9 Views
Post# 36127132
HEXO/Zena/48 North/Truss
We're all bought out or merged with Tilray Brands. Investors in those companies seen their shares convert over to Tilray.
I was holding HEXO and converted Zena shares when TLRY announced the takeover of HEXO. As the shares traded after that news I was picking up whichever company was trading the cheapest at that time.
100% of my shares remain in place and, as noted, I plan to increase that sharecount and hold long-term
This is actually not an unusual situation, while many may be attracted to daytrading and quick money schemes others invest with the intention of holding for long periods and riding out the bad days while they await their longer term targets to appear.
It's easier than you might expect if you reconfirm your speculation through proper research.