Newstrike Brands Ltd NWKRF

RE:RE:RE:RE:RE:what happens

[Bigbaboon]

Your ceo decided the transaction was the best way to maximise value. He holds shares just as you do. If he had something better on the table i’m sure he would have taken it. Fact is, newstrike has been trying to merge for the last months to no avail, SP has been stagnant, and since the transaction was announced, SP significantly increased. If you think Newstrike is undervalued, many think hexo is also undervalued. Where do you go from there? Merger based on respective market value. Sounds fair to me. 

quinlash wrote: Merging with HEXO is fine, no problems there, however IMO (and everyone has their own) the value at which HIP is being merged with HEXO is far too low.  Even if they can successfully grow the mergered company to a major player (etc etc etc), I see money / returns, being left on the table for HIP shareholders.  

Jay had mentioned in a Midas interview that the company was worth 1.1B, the value of the deal is coined at 262 mil.  Now we need to decide if our CEO smoked most of his own inventory prior to going on camera or if the company is really worth that much and wait to see if another offer comes in that ramps up the value to HIP shareholders.

All of the above is of little concern to anyone who just picked up the shares and stands to come out ahead by a few points however we have Shareholders of HIP that have been holding for 2 years, some more, and MANY at a loss, it matters ALOT to those folks who invested their hard earned money and are now under the impression that our CEO sold them out... please keep that in mind when asking people to stop whining.

GLTA

Bigbaboon wrote: I really fail to understand why retail investors don’t understand that merging with hexo is the best thing that could happen to their investment. Stop whining about the premium. 

Jack4000 wrote:

But at least HEXO shareholders will win.  That's all that matters in these sorts of things.
 

Bigbaboon wrote: You lose everything