Post by
TorontoCup on Mar 13, 2019 2:22pm
Scenario
Can anyone tell me at which price my HIP shares convert to HEXO? In other words, is it based on the opening price of HEXO today? The closing price (which will be much higher)? On what price to I get .06332 of Hexo shares?
Comment by
ICCWORLDLEADER on Mar 13, 2019 2:23pm
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Comment by
MCHops80 on Mar 13, 2019 2:38pm
Doesn't matter what the Hexo share price is. For every HIP share you own you will receive 0.06332 shares of HEXO. For example...in order to get 500 shares of HEXO you would need to own just under 6900 Newstrike shares. So the higher HEXO rises over the coming months, the better this deal gets for current HIP owners.
Comment by
MCHops80 on Mar 13, 2019 2:41pm
My bad....typo.....you need to own just under 7900 HIP shares to receive 500 HEXO.
Comment by
BestValue2 on Mar 13, 2019 2:40pm
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