RE:Not going to dealJust in from work and filtering thru 8 pages of wtf here.
However your post makes sense. Long Aurora, but couldn't understand the 90m offer for Cmed. I trust booth and his team but very steep a price to pay( unless they know somerging we don't about them that would create/add that value in return). Yes Cmed can more than double their patient count and put them in jurisdictions they haven't entered yet. They've been bang on so far. However there is another company under their wing that could do that and more at a fraction of the price.
Now Cmed and hip, you realize hip has as much if not more outstanding shares than Aurora. Hence 100 shares hip =3.3 shares Cmed. And I agree with your post that maybe hip wasn't in original plan but pretty confident they didn't go off half co"ked. They would of known about hip talks and all else about the company inside and out.
Final thought.
Aurora started to realize impressive gains well before Cmed talks. They finally caught up to the pack in terms of market movement.
If deal falls out of play Aurora won't drop back to 4$,s. Thats the basher talk here.
And yes, too many other m&a in the deck. Not all will be the best fit. That doesn't discredit a company.