OTCPK:GBGPF - Post by User
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Sledd66on Feb 04, 2018 10:09am
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Post# 27498783
RE:RE:RE:RE:RE:RE:Should I hold or sell Cannimed
RE:RE:RE:RE:RE:RE:Should I hold or sell CannimedThelonious wrote: ok so what you are saying is that the ones that can vote who opt for the max. cash option can get the cash that the others who choose by default get all stock?
for example. I can't vote so I assume will get all stock. so some one who can vote wants max cash will get my cash bringin their max cash above 5.70
I guess I'm confused because the offer says max. of 5.7 cash so I'm left wondering how anyone could get more than that and I always just assumed that once the vote goes through everyone gets the same deal. Now if it's possible that people can get custom deals based upon their voting then I can see how some people choosing th cash option can get more than 5.70
regardless I do think cmed is undervalued now for sure. I bought more on Friday to average down.
thats not true at all. Max 140 mil is based on if every single share out there elected the 5.70. If only half the shares did they dont get 140 mil split. It just means aurora only spent 70 mil instead on the cash portion. 140mil max cash option is a hypothetical scenario if all elected cash that is how much it would cost aurora. One thing i mentioned earlier though that got burried in this forum is that if aurora drops to 6.22 and you elect cash option with 2.94 shares you receive 24 dollars in total value. This means id aurora drops to 6.21 or less we are now worth less then 24 a share which makes November deal better then the current one. At least novembers deal secured a cap price. This new deal was made at the top of this bubble. Looked great a week ago but now we are closing in on the original deal looking better. Instead of people bragging about getting aurora cheap and bashing it, for the sake of our cmed investment we want aurora to go up not down lol.