Post by
hamburgerman on Nov 20, 2017 1:13pm
CMED Shares
Even if you do not think CMED should take the deal couldnt you just sell your new shares of ACB and make a profit? Seems like if this went through the shares you got and the market pushing ACB up would be worth a quick exit and a person could invest in other companies that seem like a stronger investment.
Comment by
VENMan on Nov 20, 2017 1:20pm
hamburgerman, Great Point!
Comment by
GR8BALLS on Nov 20, 2017 1:37pm
ACB will trade for 4.50 after the takeover ( temporarily). It would be foolish to sell right after. Adding 100 million shares is going to lower the price. I think I might sell all my ACB I currently have and buy back after the takeover when it drops. In that respect if CMED moves up to 24 I might sell and buy my own shares of ACB with it when it drops.
Comment by
hamburgerman on Nov 20, 2017 1:43pm
Any thoughts on a sharre consolidation after the buyout to raise share price as well as reduce outstanding shares? Maybe a 3-1 consolidation?
Comment by
GR8BALLS on Nov 20, 2017 1:45pm
Share buyback isn’t in our best interest while the company is spending money on growth
Comment by
VENMan on Nov 20, 2017 1:47pm
Share consolidation is not a good idea when a company is growing. IMO!
Comment by
hamburgerman on Nov 20, 2017 1:50pm
Thanks for the information, my thoughts were that many investors are conserned about outstanding shares of this comoany and that is one of the main reasons they stay away from ACB but I could see how low share price is always more enticing for those buying in.
Comment by
GR8BALLS on Nov 20, 2017 2:00pm
The number of shares WITHOUT the growth potential would definitely be a concern. I think right now we all compare the LP’s by shares outstanding, I’m looking 6 years out on Aurora-shares outstanding won’t matter much if they follow through with all the expansion plans they have talked about