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Bullboard - Stock Discussion Forum MYM Nutraceuticals Inc MYMMF

MYM Nutraceuticals Inc is a Canada based company engaged in the business of acquiring and developing natural remedies. The company is focused on the medical marijuana business by producing cannabis growing facilities and products.

GREY:MYMMF - Post Discussion

MYM Nutraceuticals Inc > MYM Nutraceuticals Need To Break Agreement With IM Cannabis
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Post by NLMoose on May 12, 2021 10:08am

MYM Nutraceuticals Need To Break Agreement With IM Cannabis

Prior to IM Cannabis announcing their takeover of MYM Nutraceuticals on April 1, 2021, MYM stock was trading at 23 cents a share.

Ever since that announcement, MYM Nutraceuticals stock has lost more than 50% of its value and the bleeding doesn't seem to end.

Perhaps the IM Cannabis takeover deal was bad for MYM Nutraceuticals afterall.

If it wasn't a bad deal, MYM shares would increase to nearly 50 cents a share, not lose over 50% of its peak value.

Is the planned takeover responsible for the "MYM Plunge"?

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