Newstrike Brands Ltd NWKRF

What will happen to my newstrike shares

[Jaaghosn]

What will happen to my shares if aurroa takes over newstrike? How much should I expect my shares to go up by? Thanks

[Darkerhavoc]

well it depends on what the new buyout will be.  Your shares in Newstrike would be transferred to over ACB at some ratio that they agreed upon. The original deal with CMED was for every 1000 shares of Newstrike, you'd be awarded with 33 shares of CMED.   If Aurora buys Newstrike there's no way of knowing what or how that will shake out.  There's still no guarantee

[Swampcat27]

 Russian Roulette  yes. And I believe, but do not quote me on this but,  the odds of winning are 3 to 1....  5 empty chambers , 1 bullet , 1 spin per turn.

[acedabjuly2018]

I think HIP shareholders will get a fair deal, altered from what we all know from the current one.ACB wants everyone to be happy with common sense of course.ACB and CMED both realize the increased trading level of HIP, i don' think they will want to upset current shareholders, who they realize got in above the .90 cent mark.

[WeedMadeMeRICH]

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[Salpal1]

I think its a little nave to think that way. It was trading at $3.00 before Newstrike shareholders had approved the deal with CMED. That deal made the shares worth $.85 at the then CMED share price. There are many that bought at $3.00 only to see the stock drop to $1.12 at that point. I'm not trying to scare anyone but everyone should be aware of what's really going on here.

[WeedMadeMeRICH]

This post has been removed in accordance with Community Policy

[acedabjuly2018]

https://smallcappower.com/news/market-news/aurora-cannabis-newstrike-cannimed/ The two-month battle between Aurora Cannabis and CanniMed has taken twists and turns and could finally be coming to an end. It all began in November 2017, when Aurora made a hostile all-stock bid for CanniMed capped at $24. Vehemently opposing the hostile takeover as unfriendly and arguing the offer was based on an

[Urrtoast]

You mean go down to.... $0.85 - $1.40 max Glta

[Salpal1]

Yes go down to $1.40 at least. It will depend on what the allocation/ratio will be. If the deal then causes ACB to go up Newstrike will increase accordingly based on the same ratio. IF ACB goes down then vice versa.

[Salpal1]

Originally bout HIP at $1.90 and sold at $2.60. Sold because I was getting increasingly worried that the terms of the deal with CMED 33/1000 swap would not get adjusted. So I sold. Then it turned out that Newstrike shareholders agreed to the deal and that when the spiral downward began. Only reason it has gone back up is the ACB interest, but why would ACB and CMED pay much more than what was

[stockhorse10]

 becoming the biggest or lets just call them number 1 should come with a hefty share price increase..they can afford to sweeten the pot a little to HIP in order to do that...it won't happen without them..

[acedabjuly2018]

That's an easy answer, ACB will dominate the MJ sector globally,they want the best reputation period,this means also doing business with other companies and understanding the shareholders points of view.ACB and CMED are well aware that alot of shareholders got in above the $0.90 mark and will take that into account if and when a new deal is arranged.I think CMED will also be fair and work out

[ThunderMeat]

since when do the big dogs care about the investors lol if they deal makes them money they will do it. they dont give a shot about the retailer morons who bought some shares with their TFSA account lmaoooo "fair, understanding, happy" take those out of your investing lingo 

[Underwhelmed]

Ya really, these guys have millions in incorporated companies. You think they care about John Smiths shitty $30 grand in his TFSA? No, they do not care if you want a higher sell price. To them selling is their wet dream, it is the nature of small cap ventures. 

[acedabjuly2018]

They are no where near big dogs as you say, in order to achieve that level, every single Mj company including ACB, has alot of work to do yet  regarding building reputation and sound business ethics. This sector and most of these companies are very new,none have proven themselves yet, until years down the road.The mj sector already has enough volatility as it is.

[ThunderMeat]

LMAO SOUND BUSINESS ETHICS i am by no means an expert trader, im a novice, and a bad one at that. but you sir have no idea what the tsx venture is, business ethics on the venture!!! lmao   good luck to you but dont expect any favors from any one makng decisions, they care about THEIR money, they care more about their bowel movements than ur money

[Nobagger]

That is to the point , quite abrupt, and oh too TRUE. Nicely put.

[Urrtoast]

IMHO Cmed will do the Hip transation as per there voters agreement. 0.033Cmed x 1000 Hip= 33 Cmed shares Then you will see all your hip changed to Cmed. Acb will buy Cmed and then all your cmed Shares will be Acb. Glta

[Underwhelmed]

questions like this just go to show how little knowledge cannabis sector investors have. There will no longer be any HIP shares to exist, will be converted.