OTCPK:GBGPF - Post by User
Post by
MartialArtson Jan 18, 2018 12:24am
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Post# 27383078
CMED is #1 in value, ACB is not worth 8.2X !!!
CMED is #1 in value, ACB is not worth 8.2X !!!
Compare market caps and imagine which stock will quadruple in a few months?
CMED currently at $679M to $2.72B?
ACB currently at $5.58B to $22.32B?
Is ACB really worth 8.2x CMED and why are they only willing to give CMED shareholders 1.9x value? There's something very wrong with this picture!
It's clear to see that CMED is a bargain here and that's why ACB wants it. The problem is, ACB doesn't even want to pay $679M! The current offer is $586M because they capped it at November prices.
Hostile takeover can work but they need to happen fast. Aurora missed the boat here, they either need to come back to the table fast with premium to today's price or have their overvalue continue to be under the microscope.