RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Anyone explain why Acreage is not jumping?PlantManager013 wrote: What I meant was
- whoever owns fixed shares (currently 6 $) gets 1 Canopy share for 3 Acreage shares. Based on the current prices of the two stocks 3xACRG=18$ roughly half of the value of Canopy shares, i.e. 100% bonus
- the people who own floating shares (currently 3$), would also get 3 Canopy shares, but their starting point would be from 3$ instead of 6. This means double the benefit, but with the risk that Canopy may never decide to buy the floating shares.
Am I making sense?
I get it. One could make a solid argument, that weed and stz will add much cash and value( assume 5B more shows to develop..) USA THC, with acreages 71 retail licenses. I played the tape out in my mind, could be extremely profitable, should Canopy pull the trigger. If acregae becomes profitable and opening up new loctions, and starts grwoing rapidly, the floaters will rise will with the tide.