CPH 0.00% 0.9¢ creso pharma limited

If I remember correctly, HHI acquisition is through equity...

  1. 1,535 Posts.
    lightbulb Created with Sketch. 175
    If I remember correctly, HHI acquisition is through equity exchange, 1CPH share for 1 HHI share, at the time when CPH was worth 4c a share.
    So HHI value calculated back then was twice the value of its now. Does this not indicate CPH way under valued?
 
watchlist Created with Sketch. Add CPH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.