OTCPK:GBGPF - Post by User
Comment by
Sledd66on Feb 02, 2018 11:29pm
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Post# 27495266
RE:Acb @ 6.22...The Bottom
RE:Acb @ 6.22...The BottomSledd66 wrote:
original offer was all stock deal for 24 dollars per share. Bow with the new offer using cash here is your bottom: (24.00 - 5.70) 2.94 shares = 6.22. If done as all share at 6.22 is: 6.22 3.4 = 21.15 ao obviously the cash option is better when acb is bellow roughly 11.40. But what i am trying to being to light is if acb drops below 6.22 then the original deal is better because now there is no way to secure 24 bucks a share. Lets hope we dont keep dropping. This deal was made in mid bubble.
well now... got auto corrected out of my math symbols. That up there is 24 original offer subtract 5.70 from cash in new offer divided by the ratio with cash which is 2.94. You get acb at 6.22 to make 24 dollars in best possible senerio. So 6.21 or less is a loss to the original offer of 24 a share.