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GREY:SNNVF - Post by User

Sunniva Inc > Hey guys, I know this is the SNNVF board, but check my math

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Comment by StuinSeaon Apr 02, 2019 9:10pm

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Post# 29573479

RE:RE:Hey guys, I know this is the SNNVF board, but check my math

Maybe the only thing offputting is the rapid rise in both compaines PPS. However, from everything I've read this is going to be one dynamite company. Is my math correct?

Tradertimestwo wrote: Longtime owner of SNN and OH. OH is seriously undervalued and discounted when doing the buyout math yes. And way undervalued without the buyout too!

StuinSea wrote: I do make nistakes. On the CLRBF (Cresco Labs) buying ORHOF (Origin) deal this is the premium I calculated if it goes through end of June.
CLRBF 1000@$12.17= $12,170. 1000k CLRBF x .8428 = 842.8 shares ORHOF. 842.8 x $12.17 = $10,256.876. Today's closing price for ORHOF $8.95. $8.95 x 842.8 = $7,543.06.
$10,256.88 - $7,54306 = $2,713.82 in premium over current value per 1,000 shares of CLRBF at today's closing prices. This is if the merger closed today. How's my math? Not sure what premium would be.