InvestorsHub Logo
Followers 496
Posts 29300
Boards Moderated 4
Alias Born 06/17/2010

Re: None

Saturday, 01/26/2019 11:55:59 AM

Saturday, January 26, 2019 11:55:59 AM

Post# of 1282
EMC/EMMBF

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 over 20% 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!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.