Post by
doinaokwithmj on Jul 12, 2018 9:50am
Timing of CGC split and Hiku offer
Trying to figure out if timing of the CGC stock split can have a material impact on the Hiku offer. Seems to me depending on timing of the split, we could end up with half of what is proposed in the offer (value wise) once the dust settles. Need someone who understands this to outline the possible scenarios.
Comment by
Extalliones on Jul 12, 2018 1:52pm
I don’t understand what the issue is. Whether you get 30 shares at $1.00, or 10 shares at $3.00, you end up with $30 in stock. The monetary value of the share exchange will remain the same regardless of the reverse stock split. Unless you’re concerned about the share price pulling back post-consolidation?
Comment by
doinaokwithmj on Jul 12, 2018 5:27pm
Thank you Mogul, I was hoping that would be the case.