Post by
lewybdzay on Jan 18, 2018 1:41pm
Hip action
I don’t understand why anyone would want this over a buck...
correct me if I’m wrong...
if acb takes over cmed... and cmed takes over hip
acb shares are approx 4.2 to 1 cmed share
hip shares will be worth .033 for 1 Cannimed share (27.42)
my math puts a hip share worth about 92 cents...
What am I missing? ... or am I out to lunch with my figures
Comment by
WeedMadeMeRICH on Jan 18, 2018 1:43pm
This post has been removed in accordance with Community Policy
Comment by
lewybdzay on Jan 18, 2018 1:49pm
Dam.. I didn’t pay enough attention to Newstrike thanks
Comment by
Underwhelmed on Jan 18, 2018 1:43pm
when ACB takes over CMED. the CMED deal with HIP is off the table essentially. So people are now buying like crazy because of the $9 million owed to HIP and maybe another buyer will attempt to take over HIP
Comment by
londonsate on Jan 18, 2018 1:44pm
You have to remeber 1=0.033 deal was done before HIP has few good news, plus whole weed sector was Up lot since then.