GB Group Ord Shs GBGPF

RE:RE:Based on current....

[thorgb1]

BobTBuilder wrote:

thorgb1 wrote: ACB share price we are getting 3.315 shares of ACB for each CMED share. Remember, 3 weeks ago ACB was $3......

It's based on 20 day volume weighted average price not current share price. 

So if the 20 day VWAP was currently $6 and the conditions were met today you would get 4 ACB shares. Which would be worth $28.96.

"the number of Aurora Shares that a holder of CanniMed Shares will receive will be calculated by dividing the Cap Price of $24.00 by the Calculation Date VWAP."

If I had CMED shares I would tender them to the bid as quickly as possible. That is my 100% honest opinion. Aurora is going to be big. I think most people can see that and I hope you get the opportunity to take part. 

No offence Bob, but you don't have shares of CMED, so I don't really care what your opinion is. It's really funny the number of ACB shills on this board who are pushing us to accept it, while on the ACB  board they are all complaining about the value. 

My take is that this isn't over by a long shot. I question the validity of the lockup agreement, and honestly wonder how Board members think they have not breached their fiduciary responsibility in this matter. On the same note, how can Saskworks and Golden Opps think it is in the best interests of their shareholders to approach a single party and agree a sale without properly exploring the valuation with other parties? If another offer comes in which would result in a higher share price, can these guys reasonably look at their shareholders and vote against it?

I think the legal manuveures are just starting, it will be interesting to see how it plays out. I'm not against a buyout by ACB or any other party, but it needs to be a fair value offer.