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The Canadian Bioceutical CBICF

Healthcare Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic
MPX Bioceutical Corp is a Canada based company involved in the natural health products industry. It is engaged in the manufacture and distribution of nutraceuticals to the North American marketplace and providing financial and business expertise to emerging corporations primarily in the pharmaceutical, medical and biotechnology industries. The company provides management, staffing, procurement, advisory, financial, real estate rental, logistics and administrative services to two medicinal cannab


GREY:CBICF - Post by User

The Canadian Bioceutical > Confused.
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Comment by LongDollarson Oct 20, 2018 11:47am
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Post# 28840673

RE:RE:RE:RE:RE:RE:Confused.

RE:RE:RE:RE:RE:RE:Confused.
maybe before you tell someone to use a calculator you should understand the deal yourself - you're %100 wrong. The $1.28 valuation was based on the closing share price of IAN on October 18th of $7.64. They got this valuation of 1.28 by multiplying $7.64x0.1673=$1.278. When the deal is finalized in January (9th I think) you will get that same ratio 0.1673 based on the current share price of IAN. So, if IAN is $10 come the time of the acquisition you will be compensated $1.673 of each MPX you hold. IT IS NOT A RATIO BASED ON QUANTITY OF SHARES IT IS BASED ON THE SHARE PRICE!
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