OTCPK:GBGPF - Post by User
Comment by
StayInCashon Feb 02, 2018 11:38pm
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Post# 27495287
RE:RE:Acb @ 6.22...The Bottom
RE:RE:Acb @ 6.22...The BottomIf I was a gambler, I would bet Aphria or Canopy would make an offer for Cannimed. Since the deal is not closed and competitive offer provisions are in the Offer and Agreement of Support.
Cannimed seems to have been a pure play medical cannabis stock that ignored the recreational market potential. As an initial glance, that seems to be what is causing the current price mismatch with ACB? That's the only reason CMED's assets are valued so low by the markets.
Just $645M as market cap makes no sense? Compared to all the others it stands out as incredible value? I can see why Aurora made a bid for it!
Am I reading this right? I need to spend some time reviewing all the documents in detail!