OTCPK:EMMBF - Post by User
Comment by
ArthurVandelayon Mar 04, 2019 12:03pm
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Post# 29438741
RE:RE:RE:Aleafia price dropping like a stone..
RE:RE:RE:Aleafia price dropping like a stone..LarryCurlyandMo wrote: Would you prefer being issued .8377 of a $3.00 share or .8377 of a $1.50 share?(
Your question is completely irrelevant.
If I have 10,000 shares of Emblem, I will be receiving 8,377 shares in the new, larger Alefia. That is going to happen whether Emblem is trading at 1 cent or $10 or anything else (assuming deal passes). You need the lightbulb to go off for you on this. The market will decide what the new entity's shares are worth, and I will decide whether to sell or hold. As such, the floating price of the stock has no impact to Alefia whatsoever on the cost of this transaction.