OTCPK:GBGPF - Post by User
Comment by
Supermariogon Jan 20, 2018 1:54pm
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Post# 27401217
RE:RE:170,000,000 divided by 4.6 = enough to take CMED with HIP
RE:RE:170,000,000 divided by 4.6 = enough to take CMED with HIPAgain alternative facts. The 4.5-4.6 shares ratio is NOT UNCAPPED. The dollar amount is capped at $ 24, which was 4,5-4,6 at the time of the offer. Probably that the dollar amount will be uncapped but then the number of shares will be according to the now amount in dollars. Is there anyway you could become more factually informative ? This looks to me like the TRUMP saying... Fake it until you can make it :-)
MartialArts wrote:
I tend to agree. We might be seeing the writing on the wall here. The uncapped 4.5-4.6 ratio is pretty much given in an all-share transaction. It wil be interesting to see if they put any of that new $200M cash on the table?
ACB is all about growth by acquisition. If they take on both CMED and HIP, they surpass Canopy's market capitalization and CMED shareholders would get a reasonable "all share" compensation.
This coming week will either be a bullish event for the sector or a bearish event for the sector. A failed merger with this type of visibility will impact all the stocks in this sector.
From my perspective, I'm either getting ready to sell fast or buy a lot more.