OTCPK:GBGPF - Post by User
Comment by
Valuewalkon Nov 22, 2017 8:40pm
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Post# 27015990
RE:RE:RE:RE:CanniMed Therapeutics Forms Special Committee for Potential
RE:RE:RE:RE:CanniMed Therapeutics Forms Special Committee for Potential The special committee should be renamed the committee of special people, as they are not smart and will be against anything other than job preservation.
The main thing here is that they formed a special committee, which means they expect the formal bid to come. That is good for us and the share price. They may sweeten or make the share calculation more specific but the main point here is getting the formal bid.
GLTA
Rockpaperstock wrote: VENMan wrote: The 20 VWAP based on closing prices for ACB not including todays trading day is $5.06 as I calculate it. If ACB wants to give CMED $24 then hand over 4.75 ACB shares for every CMED and keep it that way no matter what happens to ACB shares on a trading day up or down. It's always 4.75 ACB shares for 1 CMED share. Doing somthing like this the market will know exactly how much dilution will effect ACB shares and if buying CMED shares you know exactly how many ACB shares you get when you buy and the two companies can trade in unison when and IF the deal goes through! Ok, I'm done! ALL IMO, DYODD
THAT my friend is a great idea. Let's hope someone from this special committee reads this and gets the hint!