RE:I see a big opportunity +28 % in the short term ! what someone is willing to pay for something and what the stock market thinks are two separate matters. Just look at WeedMD. Most recent financing at 1.08 (announced back in December). Kicking around 40c for a while now. Arguably very undervalued, doesn't seem to matter. There are no guarantees.
Biggrey wrote: If you look at the current price in USD 3.44usd , the investor beleive the price will be at highers price than 4.84 usd....
This means for Canadian , the stocks should be trading at more than $6.15 in a near futur.
Analyst are saying between $7 or $9.
We are talking about a deal of $127.5 M in CAD..... not peanuts.
See the spread . 6.15 -4.80 = $1.35 per share .
Time to bye......