GB Group Ord Shs GBGPF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:NEWSTRIKE 19 Million CANNIMED CEO CRAZY

[thorgb1]

jeansnfitted wrote:
you are wrong.. aurora is offering a 59% premium of max 24$ cmed to acb's 6.42 as of nov 22nd. which when all is done still gives cmed 4.5 shares for every cmed share. not what current sp are at. https://www.newswire.ca/news-releases/aurora-cannabis-launches-takeover-bid-for-cannimed-invites-cannimed-shareholders-to-tender-to-the-bid-659716483.html

Good god, you don't even understand the deal. You are absolutely wrong. The share count payable to CMED holders ratchets down based on ACB's SP. it's right in the offer:

The Offer will provide holders of CanniMed Shares with 4.52586207 Aurora Shares for each CanniMed Share, subject to a maximum of $24.00 (the "Cap Price") in Aurora Shares. If, on the earlier of the expiry time of the Offer and the date on which all conditions to the Offer have been satisfied, the 20-day volume weighted average price (the "Calculation Date VWAP") of Aurora Shares traded on the TSX is greater than $5.30 per Aurora Share, the number of Aurora Shares that a holder of CanniMed Shares will receive will be calculated by dividing the Cap Price of $24.00 by the Calculation Date VWAP.
Read more at https://www.stockhouse.com/news/press-releases/2017/11/24/aurora-cannabis-launches-takeover-bid-for-cannimed-invites-cannimed#CfBw48azYjIkXgXe.99