OTCPK:GBGPF - Post by User
Comment by
Supermariogon Jan 19, 2018 5:12pm
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Post# 27397908
RE:RE:RE:CMED will get either $61.44 or $93.80 per share from ACB
RE:RE:RE:CMED will get either $61.44 or $93.80 per share from ACBWWooWW, would your initials be BZ ?
MartialArts wrote: That capped offer was rejected by CMED management and there is no chances 66.6% of CMED shareholders will accept a $10 discount off their shares. That ship has sailed and yes, it would have been the "coup" of 2017 for ACB but they missed it. Please research and it's clear as day.
Fortunately, ACB is coming back to the table with a better offer and I expect the original 4.53 ACB shares for 1 CMED share ratio to be the starting point of discussions. And this won't be a hostile take over, it will be a friendly merger. CMED divisoin will agree to continue to focus on the medical side, extraction, etc and ACB division will agree to continue to the acquisition, promotion etc.
ACB is correct in saying this will be a good match up.
ACB and the insiders won't want to carry this into the court system, that's completely against their mode of operation.
As for the deal, it's getting redone this weekend. Look at the the Globe and Mail and The Financial Post are saying just today:
| 2018-01-19 07:31 | ACB | Aurora Cannabis Inc | 12.97 | In the News | FP says CanniMed to hold talks with Aurora Cannabis |
| 2018-01-19 06:44 | ACB | Aurora Cannabis Inc | 12.97 | In the News | Globe says Aurora to sweeten offer for CanniMed |
You need to remember that Cannimed is the longest producer of MMJ out there. They produce some of the best oils which will be what people use once this becomes legal.
CMED just resisted getting into the recreational marijuana space but they have recently realized the markets will continue to punish and undervalue them. That's why they seeked out a recreational marijuana partner.
Bottom line CMED has a market cap of just $850M. Compare that with ACB at $6.10B and its easy to see that Cannimed is the #1 value play out there, with 3-4 times the clients that Aurora has and with well known and well respected CanniMed Oils.