RE:Deal will go through 100% - put the fear aside! Logic peopleNativeGuy wrote: 1) Even if CGC was at 8 bucks it would still go through. The deal is about shares not pricing. MT was never going to be 71.32% size of CGC. The future is much brighter owing 71.32 % of CGC than owning 100% of MT 2) Share price would collapse by 30% or more if the deal fails. Who would vote for that? If the sector is down and CGC is at 8 bucks, MT would not go down back to 5.70 range but 4.00 range or worse. Again this is about shares. Be smart and load up at these great prices. It will not last long.
I hope you are right because that is good to the ears of the shareholders still staying long
But, you need to provide proof of your claim in your post, not sweet talks, and can you provide answer to my questions as follows:
1. Why, if 1 MT share = 0.71 CGC share will drop more in percentage than the CGC daily ?
2. Why, after the announcement, MT dropped more than 25% and CGC with less?
3. Why you are so sure the deal is done, even before the general shareholders vote?
4. Can you tell it is the bottom now while you tell people to buy more?
i am in the market long enough to understand the share-for-share deal. And most important of all, do not divert our attention as to what the fund guys are doing behind the daily selling. If you are one of them telling retail investors to buy more MT when it was over $8 then you don't look very smart now.