Post by
Investorguy1234 on Dec 13, 2017 11:34am
Newstrike and Cannimed
Am i the only one that doesn't want to see these two merge ? Given present Cannimed share price we can anticipate approximately .66 or .67 for our shares. Cannimed shares have appreciated 50% in the last 3 months, if their share price returns to normal levels, our sahres will effectively be worth .40-45 after the purchase ( i know that they wont be HIP shares anymore but using HIP for comparison purposes).
Cannimed was one of the first if not the first POT stock and their management have done nothing to enhance real shareholder value. I believe greater in our HIP management and their ability to deliver real financial performace, once the sales license is received.
I hold a nice sized position in a well balanced portfolio so i don't need the quick up side return, i would prefer a long term fabulous return. I understand someone else's position if you are looking for a quick get in and get out investment.
Just my thoughts, GLTA
Comment by
Partwaythere on Dec 13, 2017 4:11pm
Some of the folks here posted the math 3 weeks ago. Sounds to me like we're locked in already at a CMED share price of $14-15/share for so many of HIP; so when the transaction occurs we'll have made the 50% appreciation as gains. Yes/No? Moneymaker can re-post the numbers; it's good for HIP to join CMED.
Comment by
TheWoodi on Dec 14, 2017 1:55am
No premiun was offered by CMED it was simply a ratio of stock prices as of Nov 14. I can only assume that HIP management believes there will be greater value to shareholders post merger than if we continue on our own. Obvioulsy the deal will appear better / worse depending on both company's SP at closing.
Comment by
Victory1 on Dec 15, 2017 9:47am
I totally agree!! Thought I was the only one who believed in HIP!,