OTCPK:GBGPF - Post by User
Comment by
longonMJon Mar 09, 2018 8:43pm
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Post# 27695515
RE:RE:RE:RE:RE:RE:How long until we see cash in our accounts?
RE:RE:RE:RE:RE:RE:How long until we see cash in our accounts?Yes, although I would agree with you that it is relatively easy to select just the option that is best for yourself from a valuation point of view, trying to figure out everything else that went along with this offer was actually not that easy.
Especially when you had investment houses and even Laura Hill apparently having different versions of what was actually taking place here. For example, do we all know for sure what the Default option really was because TD informed me that there was no default option for this particular offering? And yet somebody else here posted that the all-cash option was the default option according to Laura, while others stated that the all-share option was the default option.
Another example would be investors not understanding that there would be more than one round of offers for this takeover. Makes me almost wonder if there's going to be a third round after March 25th and who really knows what is going to happen to CMED shares that never gets tendered in the end.
Not all bad I guess as it certainly facilitated a more fun-filled environment for conspiracy theories and hilarious fairy tales of princes and princesses cavorting about in green fields filled with weeds. LOL
silkroad007 wrote: but but,, I thought Martial Arts was saying they would be lost in limbo land... that amount of over analyzing this merger is beyond comprehension. MA seems to thnk it swas extreemly complicated and its not. Takes an investor literally 5min to figure out the best option.
MA being the day trader only was only concerned with his own issues and confusing all and/or making this deal seem way more complicated than it was. although I have to thank him as he seems to have made most people chose the share option when the cash is the best deal right now (and has been teh hwol time) and thus leaves more cash to hopefully spread around.
Fingers crossed the cash is in the account within 3 days from now and I can buy ACB below 12.65.
GarlicToast wrote: Correction: If you do not tender your shares you will get the default options, all shares , 1CMED=3.4 ACB.