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Newstrike Brands Ltd NWKRF

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."


OTCPK:NWKRF - Post by User

Post by CallMeRocketManon Nov 16, 2017 12:22am
251 Views
Post# 26973579

Napkin rocket math

Napkin rocket mathCMED 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.


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