OTCQX:ACRGF - Post by User
Post by
BeachHouse1Dayon Apr 22, 2019 11:19am
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Post# 29654579
32$ value by this Fall ? 45% gain from today.
32$ value by this Fall ? 45% gain from today.$2.55 US payout to share holders this June when deal with Canopy is approved.
70$ for Canopy (or more) this Fall when there is decriminalization at the US Federal Government level.
70$ x 0.5818 = 40.73$ CAN
40.73$ divided by exchange rate of 1.38 = 29.51$ US
29.51 + 2.55 = 32.06$
32.06$ divided by today's value of 22$ = 1.457
Is a 45% gain fair by this fall ?
If Canopy reaches 80$ the gain would be 65%.
Canopy's 52 week high is at 76.68$