OTCPK:GBGPF - Post by User
Comment by
longonMJon Jan 26, 2018 11:31pm
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Post# 27445816
RE:RE:Focus on numbers not emotions Monsters!
RE:RE:Focus on numbers not emotions Monsters!MartialArts wrote:
The story on this name is far from over. At worst, it merges with ACB at 3.4x ACB per CMED. At best, the sky is the limit teaming up with one of the other big players. I didn''t like the HIP merger so I'm glad it's off the table. So the "ACB 3.4" Offer is the new minimum at this point.
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And this is the exact reason why I do not understand why CMED is still trading at a huge 14% discount to Aurora right now, when in fact, it should probably be trading at a slight premium to Aurora.
Especially if you take into consideration that it would take only 5% of the Aurora shareholders to make this switch before the entire 24 million outstanding share float of CMED is swallowed up.