OTCPK:GBGPF - Post by User
Comment by
silkroad007on Jan 25, 2018 10:35pm
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Post# 27437707
RE:RE:RE:RE:RE:RE:RE:RE:Doing the math
RE:RE:RE:RE:RE:RE:RE:RE:Doing the mathBingo! But are you really surprised it traded down, look st all the uneducated drivel on this board. If weed stocks did one thing it was bringing out retail that has no clue . Takes 3 seconds to digest the offfer and realize your way better off flipping to VMED. The gap will correct in due time. The volume is really low on this stock so not to many bright bulbs can affect the price
quote=NGlong]Ok so ACB said they will pay 1.1 billion for CMED so if CMED has 24.433341 million outstanding shares that would give you a CMED share price of 45.02? What I get from this merger was ACB will offer the 3.4 ratio to 1 ACB share at a $12.65 so if ACB should go lower than $12.65 ACB would cover or front the first $140 million below $12.65 after that its fair game, so I am realy puzzled as to why CMED's SP has fallen, they are just about gurrantted an ACB share at $12.65 and we are not even there yet?[/quote]