Newstrike Brands Ltd NWKRF

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[PinkyndthaBrain]

https://www.canadiancattlemen.ca/daily/cannabis-firm-aurora-in-talks-to-buy-both-cannimed-newstrike

[orphanblack]

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[PinkyndthaBrain]

that could be different tommorow, acb has to up the offer also the deal went from "hostile takeover" to friendly, it sounds like acb wants to be in the #1 spot so bad that they will do and pay anything to get there

[goldman777]

totally agree, and don`t think we are alone - just look at all the money that piled into HIP on Thursday and Friday - Why even bother going through the regulatory process of the original CMED / HIP merger, now ACB just takes them both and I`m betting it will be something like 1 ACB for 6 maybe 7 HIP .... so 50 K HIP becomes lets say 8500 ACB @ Fridays close of $13.50 = $115 K ish, a nice premium

[Lenko123]

Why would ACB have to up the offer? Why did Zettl now want a friendly chit chat? Did he miss a good deal originally and is now scrambling to save his a--? His actions previously put him in a precarious situation.  You can argue that his stock more than doubled, but ACB multiplied even more. What's the ration now is around 2.5 ACB to 1 CMED. I'm not saying that's what it will be as

[PinkyndthaBrain]

very true, that is why we are speaking COULD, SHOULD and WOULD it is all out of pure speculation and estimates in offers, i guess we will know tommorow