OTCPK:EMMBF - Post by User
Comment by
thekgs68on Dec 26, 2018 11:05am
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Post# 29157448
RE:RE:RE:RE:How Does the Math Play Out?
RE:RE:RE:RE:How Does the Math Play Out? "Guarantee"? Is that a joke?? No such thing, either in Stock Price or even if Deal goes thru. Go buy a GIC then. But converting EMC stock based on Monday close to ALEF, you're buying at a 22% Discount. BUT more importantly I think there will be a competing Bid at some point in early January.
EMC is trading at roughly 75% it's Equity. No other MJ company even close except maybe APHA.
The beauty of this stock is 2 fold 1) the potential for cheap conversion into ALEF, or 2) a more lucrative Buy out
okfine5 wrote: there is no guarantee on what the alef price will be on closing..
So, there is a risk component with emc, therefore the lower value as per your calculation.
OK