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Friday, January 25, 2019 8:42:14 PM
In Canadian currency if the proposed merger/ buyout takes place—
The present realities are EMC—
$1.46 CDN
Take into account the proposed .8377 share exchange agreement.
The closing PPS of Aleafia on the CDN side was $2.12.
$2.12 x .8377= $1.775924 CDN
Fifty thousand shares of EMC ($73,000 at EOW close) would become 41885 of Aleaf.
41885 x $2.12 would equal $88,796
Please correct me if I’m wrong but is that not an almost 25% difference in reality if the deal goes through?
I’ve been buying/trading accordingly.
Seems like a decent arbitrage play if all goes as said.
I believe it will but certainly a “white night” appearance is possible.
As I’ve stated before—I’m good with the buyout/merger.
GLTU/A!
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