OTCPK:GBGPF - Post by User
Comment by
longonMJon Mar 09, 2018 11:27pm
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Post# 27695896
RE:Take up date extended to March 25th
RE:Take up date extended to March 25thMA: If the share value for Aurora goes down due to the reduction in their cash position for Option 2, would it also not mean that the share price should go down accordingly for Option 1 due to the impact of the increased share dilution?
Of course, financial theory states that the share price in theory should not go down with either option if the consideration being paid is equal to the consideration (i.e. CanniMed and its underlying assets) being received in return.
MartialArts wrote:
That means those who elected Option 2 will received cash within 3 days of that day.
Watch your shares go down first by the amount of shares you tendered and start the 3 day counter.