Newstrike Brands Ltd NWKRF

Is my math right, feedback welcome

[GoldBug2017]

If I own 50000 shares of HIP, the CMED deal gives me (33 X 50) 1650 shares. If CMED shares are at 20.00$, that equals to $33000.
Doesnt it make HIP ,66 a share? .66 X 50000 = $33000

more if the Auraoa deal  goes through....

????????????
Thanks

[Extalliones]

Yep.  

[VENMan]

For what it is worth, Yes, I agree with your Math. 50,000 HIP Shares X .033 = 1650 CMED Shares. If CMED trades at $20 per share then $20 X 1650 = $33,000. The Market will trade a little lower to account for the fact that the deal may not get done with HIP. Also keep in mind that HIP Shares may at certain times during the day trade higher than the conversion price. For example CMED at $18 X .033 =