Post by
Wildbob on Nov 27, 2017 12:26pm
Not much point in selling now
Trading at 20.21 might as well hold on for the takeover
glta
Comment by
GR8BALLS on Nov 27, 2017 8:11pm
If the offer was solid and couldn’t vary (ratio) this would be trading at 24 dollars. The fact it’s not tells me very simply we are getting between 2.8 and 3.4 shares of Aurora for 1 CMED. If this goes on longer than 2 more weeks that number drops more. People aren’t going to buy CMED when Aurora keeps going up ! Just another way we are held hostage
Comment by
dogger05 on Nov 27, 2017 11:03pm
well we do know acb is buying at least 1,250,000 shares and when they find out not too many are tendering to this horrific offer they will buy more
Comment by
GR8BALLS on Nov 28, 2017 5:35am
I hope there’s a better offer coming from Aurora to sweeten the pot, however I’m of the impression that when ACB has 2/3 agreeing to tender the deal happens and the calculated conversion will automatically happen in our accounts whether we hav agreed or not. I wish I could sell my shares on my the market for 24 to 30 dollars but I don’t think that will happen anytime soon