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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 > Why is trailing the offer from Aurora so much?
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Post by dhesi11 on Jun 07, 2018 4:16pm

Why is trailing the offer from Aurora so much?

I am confused MedReleaf is suppose to be getting 3.575 shares of ACB for each share of Leaf. 

When you do the math at 9.6*3.575 = 34.32. 

But this is trading at 28.42. A huge difference of almost 20%. 

Also you think Green or Red tomorrow?
Comment by Analystguy on Jun 07, 2018 5:56pm
Both stocks are trading independent of each other at the moment but as we approach the deal date in August we would expect arbitragers to close the gap to zero.
Comment by Weedmon on Jun 07, 2018 7:48pm
I am confused a bit for myself i have 500 share in medreleaf how much would i gain i mean how do you calculate ?   
Comment by DerekVTX on Jun 08, 2018 12:27am
This post has been removed in accordance with Community Policy
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