OTCPK:DJACF - Post by User
Comment by
Jamanatronon Aug 15, 2018 9:04pm
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Post# 28469260
RE:If i do the math correcty. ...
RE:If i do the math correcty. ...The thing is that your math is wrong. It’s 0.046 x the cost of a canopy share which is not $48.60 currently. The big bump today brought it to $42.20 which brings hiku back to the $1.90 range the deal implied you were getting but you don’t get that either. Remember the deal is 0.046 shares of canopy for every hiku share no matter what the current share prices are for either.
parthent wrote: - Constellation Brands is acquiring the new shares at a price of C$48.60 per share.
Ummmmmmmmmmmm......thats $2.20 for HIKU based on the .046. Woooohooooooo good days ahead !