OTCPK:GBGPF - Post by User
Post by
Stonyguyon Dec 02, 2017 3:59pm
246 Views
Post# 27078528
The history of the company and the group of “38”
The history of the company and the group of “38”First I am not a holder of CMED shares, but I am interested in the events unfolding with the takeover bid. First does anyone know if the group of 38 was invested before the IPO? It appears at first glance they were.
I have noticed lots of discussion here surrounding share valuations, and great arguments on both sides BTW. I would like to ask the forums a question about ROI. If I had made a $20,000.00 investment in each ACB and CMED were would I be today? Actually we should look at Nov. 13, 2017, rather than today.
Jan3, 2017 $20K would have bought 1666 shares of CMED on Nov, 13 that were worth $23.44K ACB $20K would have bought 8695 shares, on NOV 13 that had a value of $108.4K Fundamentals aside, the market has spoken with their wallets. If we look at other measures of value how do they compare? Growth in patent numbers for example?
The group of 38 has investors to answer to as well, Perhaps they just could not justify sticking with CMED to their investors unless something changed. Could you imagine they choose to sell off and invest elsewhere in the sector, rather than revolt? What would that have done to overall value of the company?
Cheers and GLTA