GB Group Ord Shs GBGPF

Either ACB pays $28 to $30 per share for CMED or...

[blueboy]

CMED goes it alone.  I believe that if the ACB offer NEVER came out, CMED would be HIGHER right now that it currently is.  Yes, that's right - the ACB is capping CMED's share price and holding them back. 

Even WITH a higher offer price of $30, CMED is STILL the (relatively) cheapest LP in Canada right now, and even then it isn't really close.  Even with the $30 price, only ONE LP that currently has revenue (TRST) would be cheaper than CMED.

Bottom line, ACB picked very well when they selected CMED as their takeover target AND CMED Mgmt is correct that the bid is opportunistic (the BEST takeover bids ARE), so the way to at least try to smooth this over is for ACB to pay the higher price.  Now the real problem with getting the higher offer is that close to 40% of CMED shareholders already signed agreements with ACB, so they could have cost the other CMED shareholders lots of money, since they jumped the gun and just accepted the first (low-ball) offer they saw...

BB

[GarlicToast]

This post has been removed in accordance with Community Policy

[thorgb1]

LOL, sure bud, we were trading at $15 BEFORE: --ACB signalled to,the whole market that we were undervalued and moved in with a weak $24 bid; --we signalled a move into the rec space by acquiring a rec platform in HIP; --we got a real EXCLUSIVE deal with a 700+ store pharmacy chain; --we signalled that we were moving forward with our medi platform in the US by making an application in Michigan

[Peace13]

thorgb1  ...  just sad!  Seems you are in deep denial.  And angry.  You and Dogger.   Nothing wrong with CanniMed as a company but some of the investors show how out of touch some CMED people are about the new MJ industry. Stop taking it so personal, it is business. Joining ACB is the best thing to happen to CMED and its investors.    

[Interpolation2]

I sold my CMED late last week.  Only two options in play were two pay a large dilutive premium for HIP and inherit its obligations or reveive at most $24 but not in cash but rather in shares of ACB.  It is little wonder CMED shares are stuck while other company share prices are ramping up at warp speed.  This is not a criticism of CMED etc ... not at all.  It is just the bear

[HansonLockyer]

This post has been removed in accordance with Community Policy

[NEWBIE65]

Thats hilarious! The only reason CMED's shares are where they are is because of Aurora. I have held CMed for a year now with no movement whatsoever until Aurora so yeah it will sink like a rock especially now that the CMED management has spoken on TV and shown the world they dont care about the shareholders. People will bail and the stock will go nowhere except down.

[Longtimecoming]

Hmm