OTCPK:NWKRF - Post by User
Comment by
CallMeRocketManon Nov 16, 2017 2:43am
185 Views
Post# 26973880
RE:RE:Napkin rocket math
RE:RE:Napkin rocket mathsure...
In my opinion, this is the way I see this unfolding, CMED and HIP partnering.
CMED will continue to gain over the next 2 days. HIP will still be halted.
CMED has until Friday to make a decision bringing up there stock price more to "market value"
at $24.00 which will be good for HIP.
CMED made the offer to HIP, while CMED stock price was $15.30
CMED trading around (aprox) $24 by Friday is what im thinking.
HIP accepts deal w CMED.
if CMED goes from $15.30-24.00 thats a 0.568% gain.
If HIP accepts CMED's offer, the two companies will be tied together.
So in theory, HIP will have to rise 0.568% from 0.60 to 0.94 to mirror CMED new increased
market value, as we made a deal at the $15.30 level and they are now gonna be $24.
The market marker, will set the ASK price at the higher (aprox) 0.94 when trading begins again.
The HIP shares will be transfered into new CMED shares in a couple months if they agree on the deal.