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Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."

OTCPK:NWKRF - Post Discussion

Newstrike Brands Ltd > Acb, Cmed and Hip
View:
Post by bmorganstock on Jan 18, 2018 1:05am

Acb, Cmed and Hip

Aurora is reviewing its options with respect to CanniMed's Newstrike Resources Offer and will comment further in due course. Read more at https://www.stockhouse.com/news/press-releases/2018/01/12/amended-and-restated-news-release-aurora-cannabis-announces-intention-to-launch#K3Xj2oeim7XW4SvA.99
Comment by bmorganstock on Jan 18, 2018 1:27am
Acb wants to pay 4.5 acb shares to 1 Cmed 0.033 hip shares * 4.5 acb * $12 acb( share price)= $1.78 per share.
Comment by senorfrog on Jan 18, 2018 7:27am
You are missing a key ingredient of ACB's offer to Cannimed. The offer is 4.5 ACB shares to a maximum of $24. With ACB currently trading at 12.32, the offer is less than 2 shares of ACB. That cuts your end price in half.
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