Hiku Brands Company Ltd. DJACF

.046 plus 21% $$$

[Beatkeepa]

Hiku shareholders will obtain a 33 percent premium from the proposed transaction with Canopy from the 20-day volume weighted average prices for the two companies.
An additional 21 percent will also be given based on the closing price of the two companies from yesterday’s trading session.

is this correct?

Under the terms of the Agreement, Hiku shareholders will receive 0.046 of a Canopy Growth common share (each whole share, a “Canopy Share”) in exchange for each common share of Hiku (each, a “Hiku Share”), representing the equivalent of C$1.91 per Hiku Share and a premium of 33% based on the 20-day volume weighted average prices of the Canopy Shares and the Hiku Shares as of July 9, 2018, and a premium of approximately 21% based on the closing prices of the Canopy Shares on the Toronto Stock Exchange (“TSX”) and the Hiku Shares on the Canadian Stock Exchange (“CSE”) on July 9, 2018.

“Hiku equals brands. Canopy is built on brands. So we combined them,” said Bruce Linton, Chairman & CEO, Canopy Growth, in haiku.

source

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[robertwfb]

No, it is 33% based on the 20 day average and 21% if based on the July 9th closing price.

[ConnectTheDot1]

You are Right! Hiku = 0.046xWeed@38.10$= 1.75$ Hiku% =( (1.75$/1.45$) - 1 )*100= 21% => 1.75$...is LOWER THAN Hiku@1.78$ April 18th Is that the way that Alan Gertner wanting to get in SASKATCHEWAN market???!!! So funny :-(

[Sambo53]

Yes, so do the math and then tell me it isn't a good investment and take over..  Only a fool would turn this one down.  Weedmd will fall quickly in the am. trust me, it has to happen.