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EMCIn Canadian currency if the proposed merger/ buyout

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Diogenes of Sinope Member Level  Friday, 01/25/19 08:42:14 PM
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EMC

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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