Post by
trades2 on Mar 14, 2019 6:47pm
Great News ... LOL ...
They agreed to do a deal for each SP at 49.5 c. Why would it have gone to 51 c today. its going to kep going up. Once it goes above $1.75 soon in a month's time or less deal will be written off as HIP would be worth more thst triple the times what it is today. What is 7.5 mil or whatever to pay to for walking out of the deal.
Its just a play off. I am not worried. Just dont sell and watch what's happening every day and do your DL and decide. I went for a ride being on this post sometime back and learned my lesson. Dont be in a hurry to judge and assume. Decide on the facts... My 3 cents.
Comment by
silkroad007 on Mar 14, 2019 6:53pm
The day the deal was signed is what set the ratio. That is 0.06332. SIMPLE. If HEXo goes up so does the HIP SP. Typically in lock step but not 100% as lots of people dont understand math. Will trend to be lockstep closer to the day the deal closes. Not rocket science
Comment by
reefercat on Mar 14, 2019 7:01pm
They could deffinetly still back out or get a better offer.
Comment by
silkroad007 on Mar 14, 2019 7:10pm
always they case with a deal until its finalized. yes