OTCPK:GBGPF - Post by User
Post by
jwdstockon Jan 09, 2018 9:35am
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
208 Views
Post# 27312277
HIP CMED deal dead in the water...
HIP CMED deal dead in the water...With the merger coming between CMED and HIP (assuming it happens) each HIP share would receive .033 of CMED. CMED is currently trading at 27.49, but lets assume the 52 week high 28.10 x .033=.9273 meaning CMED views HIP at .9273/share. How can the merger go through with these valuations when HIP is currently trading at 3x that? This must be the door opening for ACB?