Post by
locoocho on Jan 18, 2018 2:21pm
1.05
This will be worth around 1.05 if they go by current prices of CMED.. BUT rememeber the current valuation of CMED is only there because of a possible ACB buy out which was made with a big mark up on market worth... So if ACB pulls out CMED is back to 12 - 15 range and hip well is worth .033 of one share.. Great trader super risky hold
Comment by
Slownsteady78 on Jan 18, 2018 2:50pm
and don't forget all the CMED shareholders who voted Aurora that may pull out too
Comment by
CREAMSHOW on Jan 18, 2018 3:22pm
im not disputing you i just dont understand the math, can you tell me how you got there thanks CREAMSHOW
Comment by
locoocho on Jan 18, 2018 3:41pm
CMED will be buying HIP for .033.. meaning every cmed share HIP will get .033 of a share.. so at $30 is .99 cents. i used a slightly hire evaluation for CMED.. I don't know at what point they will use for the buy out or will it just be the day they sign the deal but if ACB does not get CMED i think CMED will drop in sharevalue meaning the HIP price will too.
Comment by
Simon868 on Jan 18, 2018 3:25pm
not necessary. The HIP today is not the same as the HIP when CMED made the offer. They have a committment from CMED to purhcase and they have the license to sell. They can do well on their own.