GB Group Ord Shs GBGPF

ACB Goes Away

[zone1]

This stock will be only worth half its current value if ACB goes away. This offer is all that’s keeping it at these levels.  HIP is a joke. They have nothing to bring to the table that’s worth pursuing. Management needs to be questioned regarding motive.

[Wonnetr]

Dude, if ACB's offer wa so good, then why didn't the CMED share price spike to 24 bucks the day the offer was made?

[bbuddwisserr104]

Because aurora didn't start buying till after the osc ruling  and cannacord started buying as well 

[Wonnetr]

Bud, that makes no sense...don’t get high off your own supply....

[Sledd66]

Acb was not looking to buy cmed in the first place, it was cmeds shareholders who begged them. Aurora evaluated this and thought...sure this would be a great addition but it certainly is not a game changer. This is why they refused to take newstrike and also set a deadline. There basically saying heres a generous offer..take it or leave it..because cmed is better off joining them then competing

[StrongLong]

MMJ Market is expected to be larger than the mature recreational market. It is also a higher margin market. CBD oils are also expected to be the highest growth sector of the MMJ industry. CMED is an industry leader in CBD oils. You don't know what you're talking about. I don't know all the facts, but I know enough to see that clearly.

[JuicemanJames]

Have you not heard about ACB and RTI?

[VENMan]

If ACB goes away and as you say CMED is worth half its current value or $12 per share then CMED would trade at 3 times their book value and ACB would trade at over 13 times it's book value. So what stock do you think Warren Buffet would buy or tell you to buy? All IMO!! 

[JuicemanJames]

Settle down there tinkerbell... You're speaking as if the current shareholders are ready to dump and hope to buy back IF it falls to that price... We have a vote taking place and the idea is to make money with what you're working with... ACB is where the real money is at.