Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum GB Group Ord Shs GBGPF

GB Group plc is a United Kingdom-based company, which provides identity data intelligence products and services helping organizations recognize and verify all elements of an individual's identity at key interactions in their business processes. The Company's segments include location, identity and fraud. The location segment includes address lookup, verification and capture; e-mail validation... see more

OTCPK:GBGPF - Post Discussion

GB Group Ord Shs > Reality
View:
Post by BobTBuilder on Nov 18, 2017 12:31am

Reality

I've had a few pops so this is going to be real honest.

Those 38% are BIG FISH. Guys like Brett Wilson. More than likely they own a lot of Aurora too.

So between ACB and whoever those people are they're going to end up owning enough of CMED to control the company. Now because CMED management didn't want to play ball, it's going to end up even cheaper than had they just come to the table.

Am I surprised? No. This company would be top dog if they made good decisions, but they don't.

So Aurora will get rid of the people who need to be sorted out and life will go on. You're all better for it.

The only reason Aurora even cares about CanniMed is because those 38% people are people that you can't ignore. Understand? I have no insider knowledge but this is pretty obvious. 

Or maybe I'm completely wrong. Either way we'll find out soon enough.

No hurt feelings, just the facts as I see them. We're all a whole lot more alike than the idiots that think we'll all lose our money. Or that the whole Canadian MJ industry is worth only 2 billion etc...

Hopefully CanniMed management come to their senses and this can be amicable. Although if that were the case I think we would have heard something by now.

What do you think will happen if Aurora decides CanniMed is more trouble than it's worth? They will tell those 38% people: "We tried...but it's just not worth it". ACB issues a press release basically saying: "We wanted to help them out...BUT...". Then the CMED share price tanks.

Just compare what the two companies have done in the time that they've had. This is as obvious as it gets.
Comment by dogger05 on Nov 18, 2017 12:40am
bob the most speculative piece I have read in quite some time......Cmed is the crown jewel
Comment by Cathat on Nov 18, 2017 2:27am
This post has been removed in accordance with Community Policy
Comment by 420mtl on Nov 18, 2017 2:46am
Just my opinion. Aurora will come back with a global offer. Instead of $600M max for CMED, they'll pay $850M for CMED and HIP.....Only $50M more then cmed offer... Like that Aurora is assure HIP shareholder to vote "for" the merge with CMED. Just don't know if Aurora will start hostil takeover...Don't think so, maybe, who know? Good think could be a real deal with a fix share ...more  
Comment by VENMan on Nov 18, 2017 8:02am
ACB has so many shares outstanding that it be better to do a reverse takover with CMED. So, CMED buys ACB for $5 per share and then there would only be 135 million shares outstanding after the transaction and the share price would be $25 for ACB, CMED, HIP. MArket Cap $3.3 Billion! All IMO! DYODD
Comment by AngusEast on Nov 18, 2017 9:27am
Brilliant
Comment by GR8BALLS on Nov 18, 2017 8:41am
I’m still concerned that Aurora can’t sweeten the deal.  Why would they pay more for the 38% they claim to have ‘locked in’.  The news release stated those 38% can’t participate in any other deals.  So they’ll pay the 38% what was agreed upon and give us more?  I don’t think that’s going to happen and I certainly don’t think the 38% are getting more.   Thisis a mess.   ...more  
Comment by dogger05 on Nov 18, 2017 9:16am
You don’t understand the nature of what is happening....the tie up of 38% represents votes not money....
Comment by GR8BALLS on Nov 18, 2017 10:07am
I read it again and you are correct- votes only.  I feel better now.  Thanks
Comment by BobTBuilder on Nov 18, 2017 3:18am
It's a hypothesis. What I'm not correct about I will admit, is it being cheaper for Aurora through a takeover bid. I've been reading quite a bit about hostile takeovers to try and understand how they work. It's fairly complicated. I don't believe the 38% would be considered "joint actors" simply because of the lock-up agreements. They will need to have a minimum of ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities