TSX:HEXO.W.A - Post Discussion
Post by
Keeler on May 24, 2023 10:31pm
quinlashes says Tilray might offer $42.00 a share
and that they'd buy shares on the 'open market'.
Some might consider this nonsensical delusional refusal to accept reality - with a large dose of no investor savvy or acumen.
Post by
quinlashon Mar 10, 2023 4:22pm 
145 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
Be the first to comment on this post