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Bullboard - Stock Discussion Forum ICC International Cannabis Corp WLDCF

Healthcare Drug Manufacturers - Major
ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities worldwide. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses... see more

OTCPK:WLDCF - Post Discussion

ICC International Cannabis Corp > What's all the confusion about?
View:
Post by Vancouverboy on Sep 11, 2018 1:29pm

What's all the confusion about?

Under the friendly agreement, ICC shareholders will receive 0.2448 of an Aurora share for each ICC share making the deal worth $1.95 per share.

ACB is $8.75 today which makes ICC shares worth around $2.14 today. 
Comment by Ghosttrader11 on Sep 11, 2018 1:37pm
WRONG ICC shares are still worth 1.95$ and will be in the future, regardless what the price of one Aurora share is. Right now we would receive 1,95/8,75 = 0,222 Aurora/ICC.
Comment by Shazam75 on Sep 11, 2018 2:00pm
This post has been removed in accordance with Community Policy
Comment by Ghosttrader11 on Sep 11, 2018 2:22pm
ICC is tied to the 1,95$ as long as nothing significant happens. I think many people dont want their money to be tied until this is over and rather take the 1,8x than waiting for the transaction to happen to be able to take other opportunities.
Comment by dlornemoney1111 on Sep 11, 2018 2:13pm
Ghosttrader11 if this is the case why would all the asks not just move to 1.95 and sit there anything less is foolish RE:What's all the confusion about? WRONG ICC shares are still worth 1.95$ and will be in the future, regardless what the price of one Aurora share is. Right now we would receive 1,95/8,75 = 0,222 Aurora/ICC. Read more at https://www.stockhouse.com/companies ...more  
ICC International Cannabis Corp