Post by
retiredcf on Apr 15, 2019 11:58am
Today's Action
Obviously the entire sector has been affected today by Aphria and Organigram but we still have a $1.25 discount to what we're worth in terms of CL shares. GLTA
Comment by
falconer108 on Apr 15, 2019 12:45pm
Do we get the $12.67 or equivalent no matter what the shares of CL are trading at in June the day the transaction? TIA
Comment by
retiredcf on Apr 15, 2019 1:01pm
If that was the case, then we'd be trading around that price. You get .8428 of a CL share for each OH share so what that's worth will obviously depend on the current price of CL when the deal closes. GLTA
Comment by
falconer108 on Apr 16, 2019 9:41am
I assume that as we are so far from the close of the transaction we are not trading at .8428 of the CL shares.Since today CL is at 14.94 and OH should be at $12.59 - no where near that at $11.20
Comment by
investalot23 on Apr 16, 2019 10:38am
yup. ive been flipping shares almost daily. and give me 1.2$ spread if i time things incorrectly which is a pretty good buffer.
Comment by
v1g74g6ih36kb3 on Apr 17, 2019 2:04pm
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Comment by
falconer108 on Apr 17, 2019 2:58pm
Frustrating to see that it is not there yet. Long wait until June (:
Comment by
HereForGood on Apr 18, 2019 9:44am
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