OTCPK:GBGPF - Post by User
Post by
PROtradingon Feb 02, 2018 1:44pm
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Post# 27491480
The $140 Cash cap is a good thing. This is a NoBrainer©!!!!!
The $140 Cash cap is a good thing. This is a NoBrainer©!!!!! The $140M cash cap on the offer is a good thing. It helps us with the math.
The offer clearly states "if 100% of shares are elected for cash and shares, the max is .5 shares at $5.70". That means 1 ACB share is valued by Aurora/CMED friendly agreement as hard cold cash of $11.40.
Now 100% of the election won't happen. Ask the regular investor that receives all the junk and most just ignore it. I know, when I was an investor, it would fill up my recycling bin. As a trader, I rarely get them because I don't hold the stock long enough and when I get them I tell myself "time to look at this stock again! :-)" So say 50% of shares choose the election of cash. The default is shares only so we could calculate 75% will elect shares only because people are lazy. How many of you have read the Improved Offer (60+ pages of pukefest details?) Hummm?
There's about 24.5M shares out being exchanged for ACB so say 12.25M choose the election (50%). That 140M is devided by the 12.25M shares so $140M/12.25= $11.43 cash. In that case you only get 3.4-1=2.4 shares.
CMED sells for $27.43 right now - $11.43 = $16.00 for 2.4 ACB shares.
That's like buying ACB shares for $6.67 TODAY!!!
On 75% of shares choosing the default all shares, that leaves 6.125M shares choosing cash $140M/6.125=$22.85 cash and 1.4 shares
CMED selling at $27.43 current price $22.85 cash conversion= $4.58 for 1.4 ACB shares so that yeilds $3.27 per ACB shares TODAY!!!!
So CMED at $27 here deserves the PROtrading NoBrainer© Award. And just goes to prove how FREAKING STUPID the investment community is! Go and listen to your BNN (BozoNewsNetwork) and other junk press while me and the boys who can do basic math rake it in!!! LMAO!!!!!!