Just be aware that one share of RHMB does not equa
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Posted On: 08/31/2017 12:56:01 PM
Re: Jerseyfish #37479
Just be aware that one share of RHMB does not equal one share of Celcius in the case of a merger.
For example it would cost 100 shares of RHMB at .04 to get one share of Celcius at $4.00.
In what world would you assume it would be a one share for one share deal?
In other words, if you had a million shares of RMHB, you would end up with 10,000 shares of Celcius.
These are just sample numbers, but pretty much how mergers work.
You end up with the same dollar value, but a lot fewer shares.
In order for your 10,000 Celcius shares to be worth a million dollars, Celcius would have to reach $10 per share.
In order for your 1 million RMHB shares to be worth a million dollars without a merger it would have to reach $1.00 a share.
Personally, I think owning Celcius would be the better option if RMHB performance to this point is an indication of what we can expect.
This stock is a million miles away from reaching $1.00 on it's own. The majority of the shareholders of RMHB are running scared. They drank the hype flavored RMBH kool-aid a few months ago and are in financial difficulty. They will sell at the drop of a hat every time RMHB shows any signs of advancing. That alone makes it impossible to ever reach $1.
Ask yourself honestly, would you not dump your RMHB stock if it hits say 30 or 40 cents? Chances are most investors here would sell much sooner than that. So how in the name of all that's holy will it ever reach $1 let alone $4 needed to list in the big board?
The best outcome would be for a merger that takes away the selling power of those holding tons of cheap, worthless stock that keeps the price of RMHB suppressed.
Basically, it's a reverse split of sorts, except the company you own shares in will have a different name.
For example it would cost 100 shares of RHMB at .04 to get one share of Celcius at $4.00.
In what world would you assume it would be a one share for one share deal?
In other words, if you had a million shares of RMHB, you would end up with 10,000 shares of Celcius.
These are just sample numbers, but pretty much how mergers work.
You end up with the same dollar value, but a lot fewer shares.
In order for your 10,000 Celcius shares to be worth a million dollars, Celcius would have to reach $10 per share.
In order for your 1 million RMHB shares to be worth a million dollars without a merger it would have to reach $1.00 a share.
Personally, I think owning Celcius would be the better option if RMHB performance to this point is an indication of what we can expect.
This stock is a million miles away from reaching $1.00 on it's own. The majority of the shareholders of RMHB are running scared. They drank the hype flavored RMBH kool-aid a few months ago and are in financial difficulty. They will sell at the drop of a hat every time RMHB shows any signs of advancing. That alone makes it impossible to ever reach $1.
Ask yourself honestly, would you not dump your RMHB stock if it hits say 30 or 40 cents? Chances are most investors here would sell much sooner than that. So how in the name of all that's holy will it ever reach $1 let alone $4 needed to list in the big board?
The best outcome would be for a merger that takes away the selling power of those holding tons of cheap, worthless stock that keeps the price of RMHB suppressed.
Basically, it's a reverse split of sorts, except the company you own shares in will have a different name.
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