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Bullboard - Stock Discussion Forum GB Group Ord Shs GBGPF

GB Group plc is a United Kingdom-based company, which provides identity data intelligence products and services helping organizations recognize and verify all elements of an individual's identity at key interactions in their business processes. The Company's segments include location, identity and fraud. The location segment includes address lookup, verification and capture; e-mail validation... see more

OTCPK:GBGPF - Post Discussion

GB Group Ord Shs > Original ACB Offer
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Post by NewOldGuy on Jan 16, 2018 6:18pm

Original ACB Offer

Correct me if i'm wrong, but, if I was a CMED shareholder and the original offer [$24/4 shares] was accepted....wouldn't I have a nice profit right now? Am I wrong in assuming that the actions of CMED's management have cost me a nice profit?

Also since Brent is fascinated with "insiders", isn't it a bit of a no-no for an insider [let's say a C Suite type] to explicitly state in an interview what his stock price should/would be?
Comment by thorgb1 on Jan 16, 2018 7:12pm
There's one offer, the one which is on the table now.There was no original offer. 
Comment by VENMan on Jan 16, 2018 10:47pm
Awesome Point! 
Comment by Bigballs1974 on Jan 16, 2018 10:56pm
Exactly !!! All of this !!!
Comment by MBAhulkhogan on Jan 16, 2018 11:53pm
Exactly, Totally illegal, a bias stock manipulation by an insider, using the public forum as an excuse not acceptable.
Comment by AaronLoel on Jan 17, 2018 1:19am
It wouldnt be a profit because it was based on ACBs inflated run afyer they issued consecutive NRs. If they were sure of the TO. They would have had a LOI (would be a NR too) first, not the way they cam e out. Looks like they were taken a aback when they found out of the HIP acquisition and a desperate move for some board members who didnt like it. Hence go hostile
Comment by NewOldGuy on Jan 17, 2018 1:31am
You raise a valid point. There's valuations based on PV and FV. Ultimately a value is determined by what the buyer is willign to pay. I bought an asset for $280K and sold it 2 years later for $450K. There was an acutal valuation of the asset however a buyer was willing to pay $450K. I took the profit which seemed real to me when it was depsoitied to my bank account. Notwithstanding the ...more  
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