OTCPK:GBGPF - Post by User
Comment by
dionsayson Jan 07, 2018 1:26am
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Post# 27299634
RE:RE:HIP valued more than CMED
RE:RE:HIP valued more than CMED If you want money now, you would sell HIP at a high note, but if you want to profit later CMED with HIP will do well. Today it is up tomorrow it's down, what will it be in a few months time?
CMED and HIP has potential to grow. I do not think that ACB is in Ontario, so they will have to spend to enter Ontario, unless I am wrong!!!!! And they have a working relationship with Fire, so that maybe their objective (Fire)
This market is still a roller coaster ride, and has been a larger ride since 2015
Gulruthina wrote: VENMan wrote: What do CMED Shareholders think? CMED at $24 per share which remains the Formal Offer on the table from ACB puts the total value of CMED at $576 million. ($24 per share offer X 24 million shares outstanding = $576 million) HIP closed at $1.51 per share. With 389 million shares outstanding HIP is worth $587 million. CMED's offer to buy HIP is for $195 Million. Who thinks HIP will accept CMED's offer? and How do Shareholders of CMED feel about being worth less than HIP? Is CMED doing a good job in creating Shareholder Value? thoughts..... ALL IMO!
As a HIP shareholder I will never accept an offer that would put me in a loss. We're all investors trying to make money. Even if the current deal goes through and put HIP shareholders at a loss I will probably sell my HIP shares before the conversion happen and buy CMED (if I want) shares right after (probably a smart thing to do).
The demand for HIP shares is really high right now.