Post by
VENMan on Jan 06, 2018 8:42pm
HIP valued more than CMED
What do CMED Shareholders think? CMED at $24 per share which remains the Formal Offer on the table from ACB puts the total value of CMED at $576 million. ($24 per share offer X 24 million shares outstanding = $576 million) HIP closed at $1.51 per share. With 389 million shares outstanding HIP is worth $587 million. CMED's offer to buy HIP is for $195 Million. Who thinks HIP will accept CMED's offer? and How do Shareholders of CMED feel about being worth less than HIP? Is CMED doing a good job in creating Shareholder Value? thoughts..... ALL IMO!
Comment by
WeedMadeMeRICH on Jan 06, 2018 9:20pm
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Comment by
VENMan on Jan 06, 2018 9:31pm
Weed, I can't take your bet because I'm in agreement with you! I also feel the deal will not go threw unless amended. The question I'm asking CMED Shareholders is how do they like the idea of having to amend the deal to much higher prices? and do CMED Shareholders feel they're getting a great deal buying HIP for $587 million which is more than what CMED is worth?
Comment by
WeedMadeMeRICH on Jan 06, 2018 9:46pm
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Comment by
WeedMadeMeRICH on Jan 06, 2018 10:34pm
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Comment by
WeedMadeMeRICH on Jan 06, 2018 11:13pm
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Comment by
Gulruthina on Jan 07, 2018 12:35am
As a HIP shareholder I will never accept an offer that would put me in a loss. We're all investors trying to make money. Even if the current deal goes through and put HIP shareholders at a loss I will probably sell my HIP shares before the conversion happen and buy CMED (if I want) shares right after (probably a smart thing to do). The demand for HIP shares is really high right now.