RE:RE:RE:RE:RE:Conversion RatioBy all means WB, much appreciated, I was just interested in what it was looking like post WEED deal....knew there was money to be made but I had more than enough invested already and whatever the gain after taxes.
There is not a big difference in need and want with age and if it wasn't for legalization and Supreme, I would be at little to no risk at this stage of the game. Anyway i am interested in all things FIRE/WEED and love to see success for all that own. Thank you for the detailed breakdown. All the best. JMHO...Opt
WealthBuilder99 wrote: I know this was directed at Craiger but I'll jump in. At $140, Fire.DB is equivalent to buying Supreme shares at $0.40, which is about on par with the current Canopy conversion price. The benefit is one gets a 13.6% yield in addition to any upward moves on Canopy stock (5.7% cash interest plus 7.9% accretion, payable in additional debentures)
Fire.WT does in effect give one leverage on their money (at last check a 50% upward move on Canopy would translate into roughly 100% upside on fire.WT, therefore giving one a 2x leverage effect in that price range with no additional money at risk which is also very enticing.
Hope this helps.
OptGreen wrote: How does the .DB investment compare to .T now with the WEED deal C02, I looked at it a bit when they were offered but had more than enough in .T and decided not to move any over. Dollar for dollar which comes out ahead? JMHO...Opt
Craiger02 wrote: Absolutely agreed! Exactly what I was trying to stress to people a couple weeks ago.