RE:RE:The mathGarlicToast wrote: Valfromvan : Why is the SP droping during merger taks. It's down $.007 as we speak ?
The math
selling 1share of ACB -6$, buy 0.32 share of CMED 0.32 by 4.5 times 1.46 share of ACB after deal done!
Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.acb&postid=27003297#RHvW6OMcz399QCwR.99
but you also have to consider that when the merger happens, ACB SP will also drop by about 16% if I'm not mistaken due to dilution. in the end its still a gain.