RE:ACB CMED Deal DiscussionIf any of the regulars want to chime in I would appreciate it.
What I think is CMED shares are worth $24. How many shares of ACB they will get depends on the ACB share price when this is agreed (or whatever terms they agree to).
I don't think how many shares of ACB they will receive has been determined. They mention both 20-day volume weighted average and yesterday's closing price in the news release. If this had been determined they wouldn't indicate number of ACB shares to be received based on 2 different things. The fixed variable, in my opinion, is the price of CMED. The floating variable is the Aurora share price.