OTCPK:GBGPF - Post by User
Comment by
VENManon Nov 20, 2017 9:25pm
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Post# 27000622
RE:RE:RE:RE:Question
RE:RE:RE:RE:QuestionHappy Terms, Happy Times but this is not the case here. CMED turned a cold shoulder on the deal which in the end may cost them $9.5 million which HIP will get but will reduce our book value. We had $54 Million in cash and this could now become $44.5 million in cash and for what? So that's where your $26.50 a share went out the window. We should see an uptick in the price this week IF ACB actually sends out documentation to CMED shareholders who want to tender their shares to ACB. The market hates uncertainty and CMED is making many who want the ACB deal to happen very uncertain. I hope CMED has a change of heart calls ACB tells them they want to do the deal on good terms but ACB has to include the HIP! but who knows what will happen! All IMO! DYODD!