GREY:FFLWF - Post by User
Comment by
TheActuaryon Dec 01, 2016 1:57pm
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Post# 25541794
RE:RE:RE:RE:RE:simple
RE:RE:RE:RE:RE:simpleTeeeee wrote: copied for sedar official annoucement of canopy: Mettrum shareholders to receive 0.7132 common shares (the "Exchange Ratio") of Canopy Growth for each common share of Mettrum
Nothing fixed here but if you buy mettrum right now your getting an approximative 12% buffer on the downside of cgc trading now around $12
This my opinion I'm a holder of MT and sold my CGC position to add MT.
Math wise:
If you buy MT at around $7.60 and you have an exchange ratio of 0.7132. No matter where MT price goes, if the deal goes trough, it's the equivalent of buying CGC at a price of $10.66 (7.6/0.7132).
So $12(price right now) on $10.66 erquals a 13% buffer
**My opinion** do your on due diligence
You got it. MT is so cheap and offer tremendous value.