OTCPK:GBGPF - Post by User
Comment by
StayInCashon Feb 03, 2018 8:18pm
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Post# 27497886
RE:Read last part.
RE:Read last part.
We'll this isn't accurate: "Aurora Cannabis agreed to acquire CanniMed Therapeutics Inc. (CMED.TO) in a $1.23 billion deal that’s the largest merger ever in the red-hot industry."
CMED is now only worth $646M and assuming full share elections, the number of shares issued by ACB is 84M at $8.50 = $714M if the merger was completed today.
It's a shame when these media outlets misrepresent numbers. Anyone trusting that source now assumes they are paying a premium. They aren't