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Bullboard - Stock Discussion Forum HEXO Equities Warrants Exp 2 Apr 2024 T.HEXO.W.A

Healthcare Cannabis
Hexo Corp. is a Canada-based consumer packaged goods cannabis company. The Company is engaged in cultivating, processing, packaging, and distributing cannabis products to serve the cannabis market. The Company serves the Canadian recreational market with a brand portfolio, including HEXO, Redecan, UP Cannabis, Original Stash, 48North, Trail Mix, Bake Sale and Latitude brands, and the medical... see more

TSX:HEXO.W.A - Post Discussion

HEXO Equities Warrants Exp 2 Apr 2024 > HEXO Sharecount @ 43 Million
View:
Post by quinlash on May 01, 2023 2:05pm

HEXO Sharecount @ 43 Million

Before you make a statement that HEXO's Sharecount is "too high" you should go and check the sharecount for other comparible companies within the sector.  For example, Tilray (TLRY) and Canopy Growth (WEED) each have more than 10x the outstanding shares of HEXO Corp.

You're Welcome
 

Q

- Long on HEXO

Comment by Rotaluceps on May 01, 2023 7:05pm
Hexo had two reverse splits. One at 1:4 in Dec 23, 2020 and the last one 1:14 in Dec 19, 2022.  The real price of Hexo at $1.68 on the TSX is $1.68 / 14 = 0.12c / 4 = .03c = the real price without the reverse spilt. Do the same for the sharecount 43 millions. 43,000,000 x 56 = 2,408,000,000    Hexo has 2.4 billions shares at .03c if there were no reverse split.  You ...more  
Comment by Rotaluceps on May 01, 2023 7:11pm
I forgot that comparing companies that are not even profitable is not good. Tilray and CGC are both in trouble because of their debt and their profitability.  
HEXO Equities Warrants Exp 2 Apr 2024