InvestorsHub Logo
Followers 496
Posts 29271
Boards Moderated 4
Alias Born 06/17/2010

Re: kettleman post# 1183

Thursday, 01/31/2019 12:30:31 PM

Thursday, January 31, 2019 12:30:31 PM

Post# of 1282
There’s an error in your calculation.

You’ve used the .8377 ratio twice (1000 shares and $1.70 PPS)

In the stated scenario the shareholder would end up owning 833 shares of Aleafia at $1.70 (current PPS) not $1.41.

The ratio should only be applied once.

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.