Newstrike Brands Ltd NWKRF

Napkin rocket math

[CallMeRocketMan]

CMED start of day $15.30  (0.033 per HIP share) offer to HIP
CMED end of day $19.80

AURORA set a market value on CMED = $24.00per share valuation.

Im gonna go ahead and agree with Aurora's due dilligence and agree CMED true market value is $24.00 

$24.00-$15.30= $8.70
$8.70 divided by $15.30 =0.568%

HIP stock(halted) @ 0.60 x 0.568% = 0.94

HIP stocks in theory are now worth 0.94 per share currently.

I think the Aurora offer will be shot down by CMED.

I think the CMED/ HIP deal will happen however.

[makingmoney1]

This post has been removed in accordance with Community Policy

[420mtl]

CMED takeover HIP 389.53M sharesX.033=12.85M new CMED shares + 22.67M old=35.524M Max $24x35.5.  About $850M It could be nice if Aurora are willing to pay that price and make a threesome deal. Could be major milestone for all of them....growing together before another fortune500 make a move. Have fun Future is green 

[420mtl]

1 share HIP for .033 CMED 30.3 shares HIP for 1 CMED CMED at $19.8 mean HIP at $0.66 $0.66x30.3 shares=$19.8 So CMED at max$24 mean HIP at $.792 $0.792 X 30.3shares= $23.9976 That's my number.... Aurora bid just made HIP deal less attractive..... But could join a big family... Future is green 

[bogdansz]

Here you go, finally someone inteligent. I bet you`ll make lots of money one day on trading GLTA. 

[420mtl]

Just bought more at 50 cents....long shot if all deal works  At that price, i hope i buy CMED at $15.15  ratio of 30.3 X $.5 compare to $19.54 right now... VS max $24 or 4.52586 Aurora Potential 60%.   $15.15  VS  $24 Now HIP is a good deal vs this morning Front door open to join a big family.... Future is Green

[Extalliones]

Could you explain how you get the .94?  I understand the rest of it, and how you get the 0.568 “premium” that Aurora refers to, but I’m not clear on how (or rather, why) that premium is also used as a multiplier on HIP’s stock price - unless you are suggesting this is the figure HIP will use in its negotiations with CMED to have the 0.033 ratio increased?   Thanks in advance for the

[CallMeRocketMan]

sure... 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)

[Extalliones]

I get what you’re saying, but I am having trouble seeing the direct 56.8% increase in our share price. I agree that HIP will be tied to CMED, but I can’t see the market willing to pay anymore for HIP than 0.033 times CMED’s current price (whatever that may be) as that’s the only number the market currently has to go on with respect to how many CMED shares we will receive per share in HIP.  

[Lovethegains]

So will our shres then be CMED shares  or HIP? I want to buy more so will I buy HIP at say .94 or have to buy CMED at 24.00?

[Theshuffle]

cmed has till friday to respond to aurorora's offer  . if they decline aurora to launch a hostile takeover