OTCPK:NWKRF - Post by User
Comment by
stckapprenticeon Jan 17, 2018 7:49am
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Post# 27374821
RE:Re: HIP: Merger vote is on
RE:Re: HIP: Merger vote is on“With the way the multiples work, Newstrike is now worth more than CanniMed,” said Jason Zandberg, an analyst with PI Financial Corp. “I believe it’s a 65, 35 merger, so (Newstrike shares) would be worth almost half in that transaction.”
exactly what I said.... newstrike needs to be valued on a multiple of it's share price. Deal will fall through... load up on hip shares and ACB shares