Chalice Brands Ltd CHALF

RE:RE:Doing the math...

[Hopeful75]

Islandboy wrote:  This theory only works for newcomers or people who have money to avg down to .175 cents .. this doesn't work for most of GLH longs who may be sitting at higher averages.  So depending on what GLH is trading at the time of the merger and your avg. VOTE HELL NO or HELL YES.

ie  If you bought 100,000 SHARES at .25  = $25,00. if a merger happened yesterday you will have 12,030 Shares. 

12,030 x $1.87 = $22,496 which is a loss of  $2,503. 

So I say do the math based off your position before voting.

This is a great way to work things out.. i wouldn't be surprised to see the majority of shareholders to vote NO.