OTCPK:GBGPF - Post by User
Comment by
VENManon Jan 26, 2018 6:50am
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Post# 27438595
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Doing the math
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Doing the math first option 1) 3.4 to 1 means your ACB is worth $12.65 (which makes CMED worth $43.01) 2) opiton 2.9to 1 + $5.70 (assuming you mean affer the ratio) would make a CMED share worrth $53.214? So as you can see very puzzled why the CMED share is down so much?
$53.14? That's wrong. Using $12.65 for ACB (1) 3.4 X 12.65 = $43.01
option (2) 2.9 X 12.65 = $36.69 + $5.70 = $42.39
It all comes down to what share price you want to use for ACB which will change the value of CMED. It closed over $13 so plug in that number for a higher value for CMED shares. Take Care, I'm done with the math ALL IMO!! GLTA