OTCPK:GBGPF - Post by User
Post by
Dontbesogreedyon Feb 06, 2018 11:51am
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Post# 27511389
cmed worth 43$ CASH and trading at 31.xx
cmed worth 43$ CASH and trading at 31.xxthe deal now have a 100% cash option (up to 140 millions) meaning that if 100% of cmed choose this cash option (very unlikely) a minimum of 13.3% of your shares could be worth 43$ cash and the rest would be worth 3.4 ACB shares (at the time of typing this 3.4 ACB is worth about 34$)
Does this make cmed WAY undervalued?
Pursuant to the terms of the Notice of Variation, Aurora has increased the consideration offered per CanniMed Share, at the election of each CanniMed shareholder, to: (a) 3.40 common shares ("Aurora Shares") of Aurora (the "Share Alternative"); (b) $43.00 in cash (subject to proration); (the "Cash Alternative"); or (c) any combination thereof (subject to proration of the cash portion), (the "Share and Cash Alternative").