PINL:HERTF - Post by User
Comment by
Budamanon Dec 07, 2018 8:51am
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Post# 29081056
RE:Is Cann a takeover target ?
RE:Is Cann a takeover target ?Definitely. Once the PF deal is officially announced as completed, all the necessary pieces of the puzzle are in place and ripe for an eventual buy out. My greatest concern is that they will only get between $2.00 and $3.00 per share for the company. While I would not turn down 10 times my initial investment, my level of greed says it is worth $10.00/share, or 40 times my initial investment. When a buy out happens, it will happen quickly, and my guess is that it could happen by the beginning of Q3 2019. In my opinion only. Thanks-Buda.