OTCPK:GBGPF - Post by User
Post by
PROtradingon Jan 04, 2018 1:00am
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Post# 27277478
CMED valuation to HIP - interesting stuff!
CMED valuation to HIP - interesting stuff!In today's announcement, CMED agreed to give 33 shares for each 1000 share of HIP.
HIP ending the day at 0.93 cents.
That would value the shares of CMED at $28.18
Now, I can see tremendous value is announcing this deal. It really kills off the nasty Aurora bid but...
I would rather own CMED than HIP since, if the deal falls through, CMED will be left intact but HIP will have more problems finding a quality suitor like CMED.