ICC International Cannabis Corp WLDCF

Can anyone explain to me how this works

[Zmoneyz]

Sorry, sorta new to this and tried to do some research. So lets say the shares at 1.69 (as it shows at the time of post) is aurora trying to buy up the ICC shares for what was proposed earlier for $1.95? Again sorry if it's a stupid question, just looking for someone with some knowledge.

[QuickThinker]

I'm not sure about what other people are saying because it details the following:  "Pursuant to the terms of the Transaction, based on the volume-weighted average trading price of Aurora Shares on the TSX during the 20 trading day period ending September 7, 2018 an ICC Shareholder would receive 0.2448 Aurora Shares for each ICC Share held, resulting in Aurora issuing approximately

[Tonyde]

@ QuickThinker, with all due respect, how on earth did you come up with that conclusion? What makes you think that the "Ratio" will stand?? It was clearly stated that each ICC share is worth $1.95. The only thing that is not clear is what we are getting for our ICC share in return?! If the deal goes through and approved by all (the court, exchange, shareholders, government of Uruguay etc

[Sid123]

I know we’ve beat this too death and I’ve gone back and forth. If approved by SH tomorrow and govt etc then 20 day MVA will be established sometime in Q4. Never thought I’d say this but if deal goes through and ACB stagnates/ declines does ICC go into $2 plus territory. It is gambling for sure 

[bagel09]

Did a little reading and found this "Under the friendly agreement, ICC shareholders will receive 0.2448 of an Aurora share for each ICC share making the deal worth $1.95 a share."

[Sid123]

For those new to ICC .2448 was an example of the 20 day MVA but it has not been established yet. Bottom line if ACB goes up during 20 day MVA you get less shares and vice versa. Yes if deal goes through and you buy pre market at $1.80 you could flip $1.95 if it goes up

[bagel09]

thanks for clearing that up!

[CPTNKIRK]

Can you plz post a link ty