CryptoGlobal Corp - Ordinary Shares CYXTF

So if this is valued at $0.74 cents with the Hyperblock deal

[GoldBug666]

Why are we down this morning at 0.32 cents?  People don't like the deal and are dumping?

[Enlightening]

Exactly. The management have royally screwed investors. 

[RB]

Not very familiar here, just looking this morning...but based on the ratio of .4229 and BUG @.97...CPTO value is .41 now. Seems like easy money this morning, or am I missing something??? GLTA

[Gump888]

The valueation of HyperBlock shares is way too high for the numbers they just presented.

[mmayer]

True, but not as bad as the reaction. Bottom feeders dream right now. 

[Gump888]

I suspect there are some today who are simply cutting their losses to get out of what has been a nightmare trade from the beginning of CPTO.

[LostHornPlenty]

This is CRAZY!  If Hyperblock is paying .74 a share to acquire CPTO why would anyone be selling out at these levels.  If I hold on to my shares and wait for the takeover, do I not receive the CPTO  value of 74 cents converted to Hyperblock shares of 40 plus cents ?  Can anyone explain this ? 

[CNDguy]

That’s assuming that Hyper gets its asking price when they go public. Based on the numbers they just released Hyper won’t be worth that much unless you factor in A LOT of future growth. I think what we’re seeing now is worst case if Hyper doesn’t go over very well. It also doesn’t help that cpto was given a price that didn’t factor in ANY future growth. I think management of cpto fell in love with

[Gump888]

The pricing of the HyperBlock shares was WAY too high to begin with.  What's happening today is the market is pricing the true value of HyperBlock shares given what we know about the CPTO deal.  Their less than spectacular numbers didn't help anything.  Buying CPTO today is the only way to guarantee the HyperBlock shares when it starts trading at way less than the value

[Nocryptoguy]

Ok, I know the two circus clowns you speak of. They are sharks and will bite your limbs off if it makes them money. Beware getting stabbed in the back if you get involved with them. If you've invested money, say bye bye to it.

[realitycheck00]

Just out of curiosity, how is their EBITDA numbers less than spectacular? considering HIVE and most of the other blockchain companies are not even close to this number yet?  Would love clarity of your remarks and insight on what multiples you think the competition is trading at. Future upside should be considered as this....They claim just under 30MW at current capacity with the ability to

[Gump888]

The market and traders clearly don't agree with you.

[Intelcor]

4 million shares first day after resumption, 200,000 today.Only a few crumbs left. Very well co-ordinated if I do say so myself.