Emblem Corp EMMBF

Newbie question For longs only

[Buddeh]

So if the SP keeps dropping to say 10 cents, do we still get 83% of ALEFs share price value? 

Will our shares be converted to cash or to shares of ALEF? 

Also, is there a tentative date for this merger? 

Thanks in advance.

[canaken1]

keep observing the day to day , minute to minute price of ALEF per (share price x .8377)  and that will be what you get for AMC per share price if the deal goes through. . Take over date 2019 feb to march. good luck.

[HighGuy420]

Your shares will be converted to ALEF, and once that happens, you can sell the stock for cash.  As of today 0.8344 x 1.31 = $1.09 a share. And dropping by the day. LOL.

[LarryCurlyandMo]

I would suspect they're using their cash reserves to buy every available stock they can. Why pay $1.22 in March when they can purchase it for $1.09 today.

[MrOptimization]

If they bought stock today, they would be buying at $0.95 not $1.09. $1.09 is only what they would get in March if today's price of Alefia holds. One can safely assume that Alefia stock will continue to go down, as will the industry, and that it woudl be even cheaper than $1.09 once converted.   Market Concerns: (1) Legalization has not helped sales due to lack of supply, lack of

[Buddeh]

Awesome. Thanks for the info guys.  Yeah, im hoping its just the december selloff and that January can pick up again before we see Q1 results in april. Its definitely tough to just wait for this potential deal to happen in 2019. If the deal falls through, then I dont think we will have much confidence left unless they have a damn good reason for not merging.