OTCPK:GBGPF - Post by User
Comment by
Extallioneson Jan 03, 2018 2:36pm
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Post# 27272777
RE:Stupid question?
RE:Stupid question?NO.
A CMED shareholder gets $24.00 worth of ACB shares for each share in CMED. In other words, at a current ACB share price of $14.00, CMED shareholder's get 1.7 shares in ACB for each share they own in CMED.
CMED shareholders would quite literally be losing $1.50 per share at current share prices by tendering to the ACB bid.
In other words, CMED shareholders would be getting shares in a company that has already ran up 390% in the last three months, would get ZERO value from said run-up, and would be taking on ALL of the risk of ACB retracing back to more reasonable levels.