OTCPK:GBGPF - Post by User
Comment by
PROtradingon Jan 31, 2018 1:57pm
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Post# 27472623
RE:3.4:1 share swap agreement
RE:3.4:1 share swap agreement Dude! Man you're funny. After all this time, you pay attention to my math but now you want someone else's opinion! LMAO!!!! Look, stand on your own two feet bigboy. Take the calculator out and do your own math.
Then, if I'm wrong, let's have an adult discussion about it?
I'm only condescending because pumping ACB clowns attack me and the truth.
But it looks like you're finally turning around and I think you're a "good guy"© I actually buy your story that you're a newish investor who just gets caught up in coincollector/duedilligence123's professional market pump! So I'm going have to take it easy on you and aim my flame throwing dragon at some of the real scumbags that keep coming at me.
So... you sold WEED.TO to buy CMED.TO. Do I get a commission on your gains? Or at least a "thank you"? LOL
But don't thank me just yet, my SPY tells me the bears and bulls and still in a fierce battle market wide. And NOBODY can call that battle just yet. If they can't, I'd love to learn! LOL
See, I can be nice! Hug?
GarlicToast wrote: I know ProTrading try to explain the share swap agreement on the ACB board in a condescending way yesterday so I am going to ask my smart buddy VenMan to chime in on this post and see if anything is out of whack. We have been discussing the share swap on Auroa Face book page and this is what came out.
Again, Protrading i don't need your input and ignorance on this post. I
Official Agreement:
The total consideration for CanniMed under the New Offer is approximately $1.1 billion based on Aurora's implied share price of $12.65. The maximum amount of cash available under the amended offer will be $140 million, and the number of Aurora shares to be issued will be between approximately 72 million (assuming full cash elections) and 84 million (assuming full share elections and no cash elections). Assuming maximum cash elections, each CanniMed shareholder would receive $5.70 in cash and 2.9493 Aurora shares.
i.e:
Option#1
At conversion your 1000 SH Cmed will become 3400 acb, lets say the sh price is @ $12.80 = 43520..
Option#2
As prices continue to drop, those who sold their ACB to buy CMED will be grateful for the $12.65 floor price. If ACB drops to $10, they will still get at minimum $5.70 per share plus 2.95 ACB shares for each CMED share. They can then turn around and use that cash to buy more ACB shares at the lower price if they wish. Those who couldn't see the benefit of this deal, soon will. It's a win-win no matter how you look at it.
-GT