OTCPK:NWKRF - Post by User
Comment by
Sevam123on Jan 16, 2018 11:20am
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Post# 27367835
RE:HIP, Aurora and Cannimed: How is this all going to end?
RE:HIP, Aurora and Cannimed: How is this all going to end?Rigth now everything is a crapshoot but here's one possible scenario.
1) Newstrike approves merger with Cannimed tomorrow... People panic. HIP goes down....but
2) This creates more incentive for CMED to vote yes to deal because CMED HIP combo would be fantastix... so CMED stock goes up... HIP stock in response also starts to recover when everyone realizes CMED and HIP would actually be very very valuable
3) Aurora then responds to this by removing the $24 cap and upping their offer ... their thinking being that getting CMED at anything under $50 would be buying it on the cheap
4) If their offer is high enough then the CMED vote becomes a crapshoot but at $24 even the locked up investors who thought at one point 24 bucks was attractive can't justify the sale to ACB at that price and will vote in favor of the CMED HIP merger
There are a million other possible scenarios but the one above is pretty plausible. With Booth, Zettl and Wilgar you have 3 talented CEO's in the mix here. I expect a good game.