OTCPK:NWKRF - Post by User
Post by
jwdstockon Jan 09, 2018 9:32am
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Post# 27312234
Valuation does not make sense
Valuation does not make senseCan anyone comment on how this valuation makes sense? With the merger coming between CMED and HIP (assuming it happens) each HIP share would receive .033 of CMED. CMED is currently trading at 27.49, but lets assume the 52 week high 28.10 x .033=.9273 meaning CMED views HIP at .9273/share. How can the merger go through with these valuations? Is this opening the door for ACB?