OTCPK:WLDCF - Post by User
Post by
GainsAreToComeon Sep 12, 2018 10:16am
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Post# 28604088
THIS IS HOW THE DEAL WORKS: NO DEBATE EVERYONE IS WRONG
THIS IS HOW THE DEAL WORKS: NO DEBATE EVERYONE IS WRONGYou all are giving me cancer.
This is how this deal works:
(actual number of shares received and issued will be based on the volume-weighted average trading price of Aurora Shares on the TSX during the applicable 20 day period preceding the completion of the Transaction).
Example:
ACB 10$ P/S ICC: 1.95 P/S ACB:ICC Ratio: 0.195 1000 Shares of ICC =195 ACB shares
ACB 5$ P/S ICC: 1.95 P/S ACB:ICC Ratio: 0.39 1000 Shares of ICC =390 ACB Shares.
It's like a cash deal but we get ACB shares based on fixed ICC price of 1.95 for those shares, but we almost in no circumstance get
1. Any short term upside of ACB as deal is being decided.
2. Or any control over our sell price for liquidity because we don't know when the deal will be effective or where ACB will be then price wise.