Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

ICC International Cannabis Corp WLDCF

Healthcare Drug Manufacturers - Major
ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities worldwide. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses to cultivate, produce, distribute, store, and export Cannabis and Cannabis derivatives in Colombia, the


OTCPK:WLDCF - Post by User

ICC International Cannabis Corp > ICC management just got absolutely worked
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by BayStreetkidon Sep 18, 2018 1:05pm
85 Views
Post# 28640040

RE:RE:RE:RE:RE:RE:RE:ICC management just got absolutely worked

RE:RE:RE:RE:RE:RE:RE:ICC management just got absolutely workedPlease correct me if i'm wrong but...

The important variables are:

Date of Close & 20 day VWAP.

As long as the 20 day VWAP is lower than the share price the day of closing, you are collecting a premium.

5000 X 1.95 = $9750 (if u wait till deal is done)    this doens't make sense since they provide a share exchange based on the 20 day vwap. 

Let's pretend the deal closed today:  The 20 day vwap including today's trading is currently at $8.74.  Based on the $1.95 price converting to ACB shares at $8.74 converts your shares at 1 ICC share for 0.2231 ACB shares.  

if you had 5000 shares of ICC you receive 1115.5 shares of ACB.  ACB is currentely trading at 10.44, which means that in effect you have $11,645.82 worth of shares.   (just for fun that implies an ICC share price of 2.33).  

As long as ACB keeps going up, the 20 day VWAP will be trailing the share price.  The uncertainty remains though : When will this deal close?  


<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities