RE:ACB Hostile TAKEOVER Of CMED "Will" Go Down In FLAMES !!??!!Eigen337 wrote: This is another of MY prediction !!!
I BELIEVE that ACB will NOT get the REQUIRED 2/3 CMED shareholder vote on a FULLY DILUTED BASIS thus RENDERING the takeover OFFER NULL and VOID !!!
The PRIMARY reason for the FAILURE of the CMED shareholder vote is the CAPPED $ 24 bid offer.
Many shareholders of Cannimed will come to the CONCLUSION that they are getting TOO SMALL a share of the combined company given the SHARE EXCHANGE RATIO based on the HISTORY and VWAP of the share price of Aurora Cannabis.
This is my opinion only.
Eigen337
And the same can be said from hip share holders based on the same logic. If the deal does not go through...aurora price increases still and cmed drops as the 38% lock up agreements dump cmed on open market and buy into acb. Win win for us...aurora just trying to help cmed shareholders...but 38 percent of there money to us still a nice injection