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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 > YES! Told Ya! BOOM!
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Post by PROtrading on Jan 24, 2018 11:52am

YES! Told Ya! BOOM!

Gawd I love these no-brainer multibaggers!  Now, just a word of warning to ALL THE IDIOTS that fill up 90% of the Clownhouse readership.  The OFFER IS CAPPED AT $43!!!

That is the MAX you can get because of Market Monster's crafty move.

Brent has his golden parachute and I already sold most of my shares at $44+ this morning.   I was a tag greedy and I missed the $45s by a SECOND!

Dummies can't read the markets up or down.

Now, why did I keep any CMED at over $43 when it's capped? Because I have full confidence in the average investor's complete and utter stupidity.  Most of the average joes are just clown followers and as we can see this morning, a WHOLE NEW SET OF CLOWNS have show up smelling up this bullboard!!!  LOL

Question for everyone, is the offer capped on the downside?  If ACB hits $9 again for example, what's the price of the CMED transaction?  Quick VENMan, impress us with that clown calculator of yours!  LOL

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Here's the key parts of the news release

3.40 Aurora shares or a combination of cash and shares at the election of each CanniMed Shareholder, subject to pro-ration with the maximum aggregate cash consideration of $140 million. Based on an implied Aurora share price of $12.65 and the 3.40 exchange ratio, the New Offer would equate to $43.00,
Comment by DerekVTX on Jan 24, 2018 11:59am
This post has been removed in accordance with Community Policy
Comment by dionsays on Jan 24, 2018 12:02pm
Another thing to consider is: Under the New Offer, CanniMed shareholders may receive in respect of each CanniMed share,
Comment by PROtrading on Jan 24, 2018 12:07pm
Look newbie,  you can take this today selling on the market unless you are a locked one: [img]https://fthmb.tqn.com/61hSSBPfuaEp3VFTtLPNtuOQMAE=/2979x3345/filters:fill(auto,1)/Cash-getty-John-Kuczala-171682699-56a1c2443df78cf7726db03c.jpg[/img] OR When this deal closes, you can take this with shares and cash: OR does like 2bit pumpers do and bet your cash on this: And if the market ...more  
Comment by Ronfree on Jan 24, 2018 12:04pm
I completely agree!!!!! One thing to say about the transaction... Aurora business model (buying and taking stake in a lot of pot company) is crazy... CMED shareholders have massive premium here... Aurora probably don't care buying at this price because they also accumulated a lot of shares at cheaper price but... Its just a crazy move from Aurora (buying at the top of this crazy sector ...more  
Comment by PROtrading on Jan 24, 2018 12:15pm
For those of us who watched the Healths Mergers and Acquisitions play like Valeant, Concordia, Nobolis and other FLAMING TRASHCANs, it's not crazy at ALL!   Regulators in Canada are slow to stop this BS IFRS accounting so these house of cards gets built. Now, I actually think that the "business model" will continue to do well here.  ACB is the #1 market monster ...more  
Comment by Ronfree on Jan 24, 2018 12:26pm
Nothing more to say than...look at Valeant and Concordia now... it speak form it self... Peace
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