GB Group Ord Shs GBGPF

Likelihood of ACB-CMED merger

[GoldsteinJ]

From the Aurora circular, they need a minimum of 66.66% of shares tendered for the bid to pass.

What we know:

1. 38% have already been tendered from three major shareholders
2. Aurora will purchase up to 5% in the open-market

That leaves us with around 24% of common shares that CMED shareholders must tender.  This seems like a big feat (if you disagree, I'd appreciate your input).

[mekelletigray]

Where is the 66.66% coming from? In light me please. Why not 51%?

[Raguu17]

2 separate votes as far as I understand it.  1 from ACB holders approving our board. 66%  2nd from CMED approving the offer. 36% + recent purchases and committed holders

[MartialArts]

I agree, I don't see the merger going through.  It's hostile so that's working against it.  The cap at $24 is the nail in the coffin. As a CMED shareholder and ACB shareholder, I'm not going to lose money to tender shares to ACB at a loss even if it would benefit ACB. I'm not on the market for charity.  I'm here to make money. ACB has been on an acquisition

[Fuzzyfoot]

It's leased from the federal government. Basically get's free airport security.  It is literally on edmonton international airport grounds.  So you honestly think the share price for Cmed (which has zero exposure to the recreational market currently) is going to stay at 27$ or even go up if the aurora deal gets dropped? What would justify a 600 mil - 1.2 billion dollar company

[thorgb1]

Lets see: --14 years of proven execution growing pesticide free, contamination free GMP compliant MMJ --Acquisition of a rec platform via HIP --Entry into the US medical market via the Michigan application --Direct oil sales to the Caribbean and Australia --The first phase of a 50M bottle oils facility coming online this year --An exclusive supply agreement with a 700 pharmacy chain 

[cnixon15]

Quarterly Sales Canopy Growth $13.9m (usd) MedReleaf $7.8m (usd) Aurora Cannabis $6.5m (usd) CannTrust $4.89m (usd) Aphria $4.87m (usd) Isodiol International $4m (usd) MPX Bioceutical $3.5m (usd) CanniMed Therapeutics $3.8m (usd) Namaste Technologies $2.5m (usd) Where is CanniMed on this list? And this is a 30-40$ stock. get real.

[Dowtown]

According to Zettl It's a $50 stock but all that damn monopoly money from Aurora is holding him back. I'm not a lawyer but I feel it is illegal to just spew out speculative numbers when you are a aren't even licensed to give financial advice.

[6698Valley]

Zettl feels sorry he did not take Aurora offer right off the bat, because it would get him around 50 bucks now.

[thorgb1]

You know, if you are going to invest in the ,Arlen, you really need to gain an understanding of market cap......