OTCPK:GBGPF - Post by User
Comment by
StrongLongon Mar 08, 2018 11:10pm
80 Views
Post# 27688746
RE:No Tender CMED
RE:No Tender CMEDmoneytunes wrote:
hi all... :-) Question for PROtrading and MartialArts... and anyone else who would like to comment...
Can anyone confirm that if you DO NOT tender your shares that one will still get the 3.4 ACB shares? I tendered all my shares but thinking of untendering some first thing tomorrow. There seems to be some thinking that CMED share price may shoot up in the couple of days it will take for the shares to be taken up?... And also some comments about there being more than one take up session or date? Thanks: :-)
Why would the shares shoot up? Only if ACB shares pop up accordingly. ACB needs to break $12.65 for CMED shares to go over $43.00
I think that's unlikely to happen until the dust settles and there will probably be some sell off of ACB shares as people who joined the CMED ride for takeover cash out.
I wouldn't be surprised to see shares go down in the short term.