OTCPK:DJACF - Post by User
Comment by
Jamanatronon Jul 13, 2018 2:16pm
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Post# 28313695
RE:Get ready to be canopy bag holders!
RE:Get ready to be canopy bag holders!Malex1 wrote: Your new average share price will most likely be around $38 of WEED.. This deal is so bad for hiku shareholders its mind blowing.. Meanwhile don’t think for a second Management will continue to hold canopy growth shares at around $38.. What you think they gonna do ? DUMP!
$38 is generous if you ask me, Canopy’s going down to the $30-$35 range easily. With a ludicrous market cap nearing 8 billion before rec has even started it seems much more likely than upward momentum, bringing hiku holders down with them. Hiku management just threw their investors under the bus, the only saving grace possible is a better offer coming in before the vote. I think this deal single handedly tarnishes the hiku brand beyond repair and for a company who’s all about branding... well.