Post by
PROtrading on Jan 08, 2018 11:41am
Don't tender you CMED for anything less than $48!!!
With ACB selling for $14.09 now, if we apply the original offer of 4.53 ACB shares for each CMED shares, the fair value for CMED is $63.82!!! Aurora will have to uncap the offer at the stink price of $24 since nobody with any intelligence at CMED will take that low. The vote will be NO!!! Is it true Cam said the offer would be raisd to $48? Why $48 and not $60+++ Everyone ok with $48 per share for CMED? I need to get back in touch with Cam! Buddy was promoted to CCO LOL
Comment by
VENMan on Jan 08, 2018 7:59pm
ACB won't raise the offer price because that would dilute the sh!t of of their already diluted share structure. Picking up CMED for less than 2 shares when at first they presented 4.53 shares. Oh I love it! CMED now go buy HIP at $2.16 per share, should be the other wa around. Stupid fuk*in closers.
Comment by
dogger05 on Jan 08, 2018 8:47pm
acb shareholders already voted to issue 170 million shares in connection to the deal....it’s 4.52 or acb has no chance.....
Comment by
VENMan on Jan 08, 2018 8:53pm
@dogger05, with all due respect, you're out to lunch on this, and I sold at $21. Best move I ever made!
Comment by
VENMan on Jan 08, 2018 10:30pm
@Stckguy2014, Great Post, exactly what I was trying to say. You're right on the money!