Replies to post #4464 on HEXO Corp (HEXO)

[agribusiness72]

You forgot net loss of 19.5 million dollars (canadian). Not to mention the continued dilution to keep operations going. A double wammy.

On May 21, 2020 HEXO closed a $57.5M underwritten public offering for the purchase and sale of 55,600,000 units and 8,340,000 over-allotment units. Each unit is comprised of one common share and one-half common share purchase warrant at an offering price of $0.90 per unit. The warrants have a five year-term and an exercise price of $1.05 per share.