Newstrike Brands Ltd NWKRF

Hip cmed acb pricing

[Sycocity2]

Can some one please explain the valuation of HIP If I am correct the deal on the table is .033 shares of Canmed for every share of HIP ACB aside . If say Cmed was at say $40 at time of closure 40$.033 = $1.32 per share I think this would be a generous evaluation regardless of the ACB/CMED offers. I made a bunch of cash on the last HIP jump then sold and would like to again . But it seems that HIP is agreeing to a takeover one way or the other . So please let me know if I am missing something.

[KingMidasAu]

this has been discussed to death but if ACB and CMED merger, HIP will not be involved. This has been stated by ACB countless times. CMED may try to swing for both of them, but it looks like ACB won and the don't want HIP. They have their own international artists and connections and aren't going to limit themselves. Furthermore why would CMED be coming to the table now? after trying to sue

[jaker420]

Sounds about right. everyone has a right to their opionion and im no pro but Im just seeing as a day trader scenario. I think when the dust settles it will be around 1.3-1.5 but im no pro. 

[Sycocity2]

I agree. HIP has been used as a pawn I think in this CMED ACB battle . It's why I invested at the start and sold at opish if the spike . ACB needs volume of product after its Italy deal . I expect HIP to go up today again . HIP is more then a great potential supplier in the coming future of Cannabis product . And I think it will be included in the deal nothing I have seen news or corporate

[SQCConsulting]

But HIP is broke.......

[Swampcat27]

that doesn't matter... they're in the marijuana business.  Its a given they will profit they just have get on with it and get business done...

[SQCConsulting]

LOL....well I suppose...nothing else makes sense either so you are probably right.