OTCPK:GBGPF - Post by User
Comment by
moet661on Jan 16, 2018 11:45am
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Post# 27368162
RE:HIP Share Price Puzzle - PLEASE HELP
RE:HIP Share Price Puzzle - PLEASE HELPI have been trying to figure out why this deal was ever attractive in the first place, to no avail. Even at the time that the merger was announced, with CMED @ ~$ 15 and HIP @ ~0.50, the deal would have only raised HIP SP by about 0.10.
If the CMED deal goes through HIP shareholders are royally screwed. If it doesn't on the other hand - as far as I understand - CMED will have to pay HIP 9.5 Million, which might have a positive effect on SP.
IMO, depending on when (or if) you bought HIP stay in until a couple of days after the votes are finalized and get out.