RE:RE:RE:RE:RE:RE:RE:GGB to update offer by Tuesday?In short, Dr(?).. why does APHA(minus current issues) not offer a
Reverse Take Over offer and buy GGB.
Same end IF scenarios...$ 12.50 .. your number...
Unless GGB CEO's know some info .., why not APHA do it..
Quite well done in Industry DrFill - (1/20/2019 5:33:57 PM) RE:RE:RE:RE:RE:RE:GGB to update offer by Tuesday?
I agree the initial GGB offer was bizarre.
However, everyone so far has missed completely one important factor. IF GGB did buy out APHA for 1.57 shares (or some new ratio), we would no longer be in a world where our GGB shares had only curreent assets. The "new" GGB would also have all of Aphria's assets. That plus the implied superior marketing advantage of GGB folks, hopefully making the $7 deal price. What would the deal be worth if those GGB shares climbed to say $12.50?
NOT saying GGB will ever come up with a credible offer. Just that the offer as is implies a sp of GGB above not only the curren 5ish, but beyond the 7 in the deal.