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Bullboard - Stock Discussion Forum MEDRELEAF CORP T.LEAF

"MedReleaf Corp is engaged in the production and sale of cannabis for medical purposes as regulated by the ACMPR, pursuant to its Licences and, in particular, its Markham Commercial Licence."

TSX:LEAF - Post Discussion

MEDRELEAF CORP > how do I get 29.44 for my stock
View:
Post by ftwood on May 14, 2018 1:37pm

how do I get 29.44 for my stock

sorry, newbie investor here. What happens now? How do I get 29.44 for my stock? I don't want ACB shares.
Comment by MartialArts on May 14, 2018 1:44pm
You can't.  It's 100% all shares.  You are forced to take ACB shares.
Comment by 1nd3xme on May 14, 2018 1:50pm
Short answer is "You dont" The deal is an "All Stock" Deal. This means if you want to get money out, you have to sell your shares. Right now, people are only willing to pay ~$25.20, so you can sell it now and make market price at the time of sale, or you can hold out and hope that the price goes up higher as we get closer and closer to the finalization date. If you do ...more  
Comment by ftwood on May 14, 2018 2:21pm
Thanks for reply. I had read "ACB will pay about C$ 3.2 billion in stock for its rival LEAF, or C$ 29.44 a share" and thought LEAF holders somehow had a choice between cash or ACB shares. I guess it should had said "equivalent to" instead of "or".
Comment by PictouBoy on May 14, 2018 7:01pm
Hope you all are first out the door on that dilution. 
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