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15/11/18
17:08
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Originally posted by amb005
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Ah stop with this nonsense, Im a holder too but no need to say things that are totally unjustified. These are both publicly traded companies, we know what their share price and we know how many shares MMJ holds.
MMJ holds 47.7 million HVT shares @. 50 = $23.85 million
MMJ holds 5.88 mill medipharm shares , and 2.94 mill warrants, share price @ 1.52 = $10.26 mill
Total of the holdings today are worth = $35 million
Total of the holdings before we went into suspension on 4 Oct 2018 holdings were worth $63.5 million.
Add the little cash we got for the holdings of HVT we sold, even being generous and saying its 5 million so bring today value to $40 million.
63.5 mill to 40 million, is NOT a 20-25% spike (wherevver you pulled that figure from), its a 37 % DROP, this is fact, I know as holders its not something you want to hear but its fact.
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Ok. So when MMJ recommence trading, it’ll go down to low 20’s? If true then I’ll be sad, if not I’ll take your comments with a grain of salt. I think that’s fair?