Post by
45Freedom on Nov 24, 2017 9:50am
THE LONGER YOU WAIT, THE LESS YOU GET
If you take a quick read of the takeover offer, right now ACB is offering just over 4.5 shares per Cmed share. If the SP of ACB is over 5.30 for 20 days, they will re-divide that # by 24, and get a lower share split.
If you look at the momentum with ACB, you're going to get burned if you don't vote.
Pitter patter get at er, or flush money away.
Comment by
GR8BALLS on Nov 24, 2017 10:12am
BY the time we can vote the 20 days will be up. How do we lock it in now for 4.5...?
Comment by
true377 on Nov 24, 2017 10:31am
do you really want to lock in your shares till March, because if you tender them you are so divide 5 months by your profit at $24. Just so you can contemplate all the aspects of this
Comment by
45Freedom on Nov 24, 2017 10:34am
Then your 4.5 will be worth whatever the ACB SP is at that point. Couldn't imagine it being anywhere near what it is now... up up up
Comment by
BTFDInvestor on Nov 24, 2017 3:21pm
Oh man the misinformation in this thread is running wild. It all depends on the share price at the close of the tender which I believe is March 9th. Doesn't matter what the share price is today with the $24 cap, it's all about the closing price. If the price tanks, we're pooched. Beware fellow shareholders. GLTA.