Liquor Stores N.A. LQSIF

Consumer Cyclical Specialty Retail

GREY:LQSIF - Post by User

Liquor Stores N.A. > Great Deal To Buy CLIQ Shares Now

<< Previous

Bullboard Posts

Next >>

Comment by nedstar71on Oct 08, 2021 1:42pm

99 Views

Post# 33989564

RE:RE:RE:Great Deal To Buy CLIQ Shares Now

Worth and trading at are two very different things, I think it's worth about 50 cents a share. Sundial has a lot of cash, the bulk of it's market cap. They decided to offer none of it in this deal. Nobody wants Sundial shares, they want cash. Hence the discepancy.

newcoin wrote: Sundial is worth US$.70 is it not?

nedstar71 wrote: It's only a deal if you can short SNDL to take advantage of the arbitrage. I can't short anything under a dollar. Sundial is worth about 50 cents a share, hence why this isn't anywhere near the takeover price. Nobody wants Sundial shares, and it's insulting they would try to do this deal in shares rather than cash.