Post by
Stal75 on Jan 17, 2018 6:21pm
Ok, let me get something straight!
Fine, should the SP drop below 90 cents tomorrow.....so what?? Are you telling me that we'll be stuck at 90 cents for ever? Why can't the stock rise from there? I am missing something?
Comment by
Rockpaperstock on Jan 17, 2018 6:43pm
Well, it wouldn't be forever - because after the acquisition, you won't hold any HIP shares anyways. If the acquisition is approved, you can bet your house each HIP share you own will be worth exactly 0.033 of whatever SP CMED is at.
Comment by
MNK3240 on Jan 17, 2018 7:14pm
After the merger, one morning you will see you now own CMED (no HIP). For example if you had 1000 HIP shares, you will see you have 33 CMED shares sitting in your portfolio with its market price (and no sign of HIP). So HIP and its price will be irrelevant from that point.
Comment by
beeeenz on Jan 17, 2018 7:16pm
Your money evaporates overnight!
Comment by
enza2denino on Jan 17, 2018 7:18pm
Pretty much . Usually how proxy votes work it seems people have known this for weeks . Maybe Jan 9th was when the shareholders recieved the proxy vote that is why it has been falling ever since.
Comment by
hammerdown1 on Jan 17, 2018 7:26pm
People are able to trade "HIP" share until the date of the legal merger. The stock price can go up and down until that point. We saw this with Mettrum when CGC took it over.