OTCPK:GBGPF - Post by User
Comment by
Brento1on Jan 16, 2018 2:11pm
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Post# 27369763
RE:RE:RE:ACB Bought On Market Shares - Can They Actually Vote Them?
RE:RE:RE:ACB Bought On Market Shares - Can They Actually Vote Them?I do not believe any shares purchased after November 2017 can be voted. Therefore the Aurora present 3% and possible up to 5% cannot be voted during the CMED + HIP vote.
ACB's offer is conditional on a negative CMED + HIP vote. If the CMED + HIP vote is yes than ACB can make a new offer or go away.
The only 2 reasons I can see for ACB to be buying CMED $23.99. First is that they believe they are going to have to pay more than $24.00. Second is they believe CMED + HIP and no ACB will be worth more than $24.00.