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
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
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