GB Group Ord Shs GBGPF

RE:RE:RE:RE:RE:RE:RE:Should I hold or sell Cannimed

[Thelonious]

ok again this is my most important question that needs to be answered:    when the votes go in, do we all get the same deal?   or do some get the cash if they want it plus some acb stock and others get all acb stock?   

I would think that everyone gets the same deal once the vote is in and they go with the majority of what people want.   so the max cash deal  is $5.70   (140 million divided by 24.43 or so outstanding shares).    This is the main thing  I'm stuck on.     if they do indeed cater to the individual wants of cmed shareholders then yes some may get more than $5.70 cash a cmed share.   But this gets complicated because some that can vote don't own the shares at the time of conversion.   

regarding your 6.22  number you are correct   if acb goes below this cmed is worth under 24    I still think this current deal is better because there is no max cap.  the other deal was capped at 24 regardless of how acb went.   I'd take the gamble that acb settles above 6.22 in March at the time of the deal.