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cartonet

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cartonet

Re: JohnCM post# 910

Tuesday, 04/02/2019 3:25:27 AM

Tuesday, April 02, 2019 3:25:27 AM

Post# of 1951
In case of take overs you will always see discounts of up to 15% on the targeted company because of uncertainity of deal going through. This was so with IAN / MPX for instance. So if one is positive on US weed sector in general and CL combined with OH in particular and believes deal goes through (or OH gets a larger offer from a third party) then buying OH here is a no brainer. And thats what I just did yesterday towards end of day as the gap widened to 12%
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