OTCPK:GBGPF - Post by User
Comment by
VENManon Jan 05, 2018 7:46pm
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Post# 27294758
RE:Chasing
RE:Chasing I don't think ACB has to worry about buying anymore CMED shares. Has anyone taken the time to look at HIP? HIP closed at $1.51 today. CMED's offer to HIP is .033 of a CMED share. At $27 per CMED share X .033 = .90 cents. HIP closed at $1.51 so what HIP shareholder would take a 90 cent offer when their shares are trading at $1.51, NOOOOBODY! HIP has 389 million shares outstanding NOT fully diluted. Is CMED Management prepared to say that HIP is a great buy with no sales and a Market Cap of $588 million? Is CMED Management prepared to accept the fact that fully diluted HIP now has almost the same Market Cap as CMED? SO FUNNY, OMG lmfao. Or is CMED Management going to use the same words on HIP that they used to ACB. Something like "Only a few months ago HIP was trading at 30 cents so lets use that value" If right now HIP rolled back their shares to 24 million shares from the 389 million shares they have HIP would be trading at $24.50 per share. Pretty much the same value as CMED. OMG LOL, CMED should have just locked in with ACB at 4.53 ACB shares and CMED would have been worth $63 per share today. Today any smart HIP shareholder to accept .033 a CMED share; the shares of CMED would have to be trading at $45.76. Only then would it be a fair trade. With no premium to the current closing share price of HIP, I might add. If CMED was as kind as ACB and gave HIP a 59% premium over its current closing price at .033 per CMED share; CMED would have to be trading at $72.73 for any HIP shareholder to consider the offer. See what not taking a phone cost you! WOW, what is CMED going to do now? so funny and so sad. ALL IMO!!