Newstrike Brands Ltd NWKRF

CMED not getting HIP

[IMB51479]

CMED is dragging down this stock with thier low ball offer. CMED shareholders will never approve the HIP transaction. They want ACB to take over. 
Once ACB and CMED are one HIP will recover and/or find anotrher suitor. HIP doesn't need CMED

[stckapprentice]

agreed, but it seems like the deal will go through from what is in the news... though of course anything would happen. they could offer hip shareholders more to put the deal through and it could work out.. but if stays the same... wow I guess I'll be holding cmed until they hit 90-100 $ then I might be old and gray

[HansonLockyer]

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[SecondLast]

Im not so sure they wont. HIP management was on BNN the yesterday saying they still support the transsaction and that a few days of wild trading wouldnt change their opinion and the HIP came out this morning and said they support the CMED offer. HIP doesnt grow enough for the 1.5BN market cap it hit a couple days back.

[Drocker]

Thats why it won't go at a premium to $3.30 but a premium to CURRENT market value. If that value is 1.50 or 5.00 doesn't matter it must and always will be for all buy outs a premium to that price!

[Whitewitch]

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[stckapprentice]

I guess we heard yes Hip has been approved to sell.  boom stock shoots up. we join hoping for  forward momentum and gains... instead insiders move to sell and short and then rebuy. locking in huge gains. Meanwhile... the rest of us are out big money . some more than others. I mean this is the name of the game...but damn talk about kick backs and holding a value from last year without

[dionsays]

If the deal happened last year both HIP and Cmed would have climbed. Unfortunately ACB through insider info got involved and it stalled everything. Has anyone heard of the outcome as of yet: How did ACB know that cmed was buying out Hip?

[SecondLast]

HIP is planning for 25000kg/yr production in 2019. Im guessing you bought at a $1.3+BN market cap MARI has 22500kg/yr probably ready for legalization, 95000 by late 2019 at 300MN market cap TRST has 23000 for legalization, 43000 by 2019 at 550MN THCX has 3600 for legalization, 108000 by 2019 at 500MN Market cap. I think HIP is overvalued right now comparitavely, because of the tragically