GB Group Ord Shs GBGPF

CMED will get either $61.44 or $93.80 per share from ACB

[MartialArts]

CMED shares without HIP 24.43M shares

CMED shares with HIP (24.43M+12.88M)= 37.29M shares

Now if ACB/CMED decide to include HIP, CMED holders get 170M*$13.48 (closing today on ACB)= $2.29 BILLION in ACB shares.

If that $2.29B is split in 24.43M shares = $93.80 per CMED shares
If that $2.29B is split in 37.29M share = $61.44 per CMED/HIP shares

If I was CMED management, and as a big CMED shareholder, I would prefer we maintain the supply and mortgage agreements with HIP, give them the $10 break up fee which is 41 cents per share and merge with ACB at the higher $93.80 price.

[Supermariog]

Sorry MartialArts, but I think taht your are not correct here. The 170 Millions shares was a calculation made when the first offer was made. At that time, the value of the CMED shares, caped at $ 24, and the value of ACB shares would make it to the 170 millions. Now it's a different story; they will not offer 170 M shares, it will be much less. If it's 3 for one lets say ($ 40.50 + or

[MartialArts]

That capped offer was rejected by CMED management and there is no chances 66.6% of CMED shareholders will accept a $10 discount off their shares.  That ship has sailed and yes, it would have been the "coup" of 2017 for ACB but they missed it.  Please research and it's clear as day. Fortunately, ACB is coming back to the table with a better offer and I expect the original 4

[Supermariog]

WWooWW, would your initials be BZ ?

[MartialArts]

I've spent dozens of hours reading all the documents on SEDAR and all the press releases for Aurora, Cannimed and Newstrike for the past 12 months.  My investments in this space are big so it's worth the effort.  I don't invest with nickels here.  I'm in with serious money. I actually like Brent Zettl.  He has a done a good job transforming Prairie Plant

[DanielBoone733]

I agree with you 100% martial arts. I bought into the IPO with CanniMed end of year 2016 with the plan to invest long and strong. I’m hoping for a healthy merger here.  You did throw out a challenge to find another absolute bargain in the marijuana sector. I’m not sure if you have looked into MariCann (MARI), but we are talking a similar bargain to CMED. Check them out. Two 890,000 square

[Stckguy2014]

Great post, however, I do not agree on your buyout numbers at all. If acb over pays it will hurt acb holders and cmed shareholders (who get converted) in the long run. If this is going to happen, Brent needs to not only think of his shareholders, but the combined company being successful. i think acb should be looking at a cap around 28-32 bucks a share. i know cmed shareholders are going to

[DDobbs]

Wow you think Cmed is valued at 93 a share.  MartialArts you are reaching for the stars on that one!!!! Personally I don’t think a deal happens here. Acb won’t offer more than 30 per share for Cmed and I don’t think Cmed would take anything less than 35 plus.  Put hip in the equation for what 16,000 kg of weed.  What’s the point when you can produce 200,000++.  I hope the deal

[VENMan]

HIP holds the clue. Share price closed at $1.47. $1.47 / .033 = $44.55 per share offer price for both CMED and HIP. 38 million shares for both CMED and HIP X $44.55 = $1.7 Billion purchase price. HIP traded on its own for as high as $1.2 Billion. I think a friendly offer comes in at $42 to $45 per share. 3.3 for 1 all share offer. ACB would have to issue 125 million shares below the 170 million

[Snoinam]

Seriously your going to use the HIP SP divided by the CMED-HIP merger ratio? The numbers have nothing to do with each other they just happen to work out into a convenient number. Hope this isn't how you do dd!!

[VENMan]

@Snoinam, you're funny, CMED's deal with HIP is closed right. So the share price of HIP should trade in line with CMED, for the Market to be efficient right. So HIP should be trading in the $1 to $1.15 range $34.77 X .033 = $1.15. So why is an Efficient Market showing a close for HIP at $1.47? What reason would the Market have to show HIP trading at a price greater than it's ratio to

[Snoinam]

Venman you're trying to tell me the HIP sp is tied to the final deal price and CMED is not? Only the HIP traders know whats going on? Only if its insider info. Good try but you're wrong.

[VENMan]

@Snoinam, all I'm saying is that it is something to consider. It MAY be a clue. Also, A 50% premium over the $24 offer CMED got puts the deal at $36. If you want to look at the CMED share price. Point is there is nothing I can find in he market to give CMED shareholders $30 per share like some ACB Shareholders want us to believe. Take Care  

[Snoinam]

My bad, you probably smoked a couple bowls and came up with some "outside the box" mathematics!

[PROtrading]

DDobbs!!! You stupid or just pretending to be!???  The 170M was already allocated and committed to by ACB!  They aren't paying a DIME for CMED for the cap in dollar figure was a PURE SCAM attempt!!  GET IT MORON!!!!????  It's ALL paid in shares dummy!  I'd take $60 in ACB shares with a kiss and an apology from my "friends" over "there"

[Egreen23]

You should just sell all your cmed stock before the takeover. All you have done is bash ACB so you should not own any. Except hostile SCUMBAG Aurora ACB and that group of clowns that build arctic.... Oh for gawd sakes, stop crying you ACB scumbag. Because Cannimed+Newstrike = NO FAT SLOB HOSTILE takeover by ACB. ETC

[goldman777]

so the 15 million shares today bought over at HIP above $1.40 were all blind sheep. If the Reuters article is accurate then the .033 offer by CMED to HIP is null and void.

[Egreen23]

Why not $120 per share????? You really want the combined to tank?????

[MartialArts]

Now could CMED jump to $120?  Absolutely.  I'm applying math to this discussion.  I see a lot of people with opinions but that's not how I trade.  I leave the emotions out of the equation and just use factual, published information. Considering the United Nation has estimated the global market to exceed $150B and large national banks in Canada like BMO just now

[Sinbad]

Great information in your post, but a terrible outlook. you're just trying to think of what would be best for you lol I’m sure Aurora and CMED are going to spend the entire weekend discussing how a takeover will benefit MartialArts the most get a grip dude 

[Stckguy2014]

Interesting... I playing both sides, so the more neutral the better for me :)

[Stckguy2014]

Also, it really depends on the unknowns. There's a reason bz finally decided to discuss openly, is it because he doesn't have the votes or he has the votes and has the upper hand now... guess we will find out in the next couple days.

[Brento1]

Could it be that BZ now is legally allowed to talk to parties other than Newstrike? I think so. A CEO that walks the line of his legal agreements & obligations

[PROtrading]

Buddy YoungMarcus over at ACB claims that stock will be $51 per share by end of month!!!  $51 * 4.52586207 = $230.81 which is a 6.8X bagger.  Now YoungMarcus is known to exaggerate a little, he claims he caught a 6' salmon as well and his show size is a 17!  LOL But even at $200 per share * 24M shares that's still a market cap of $4.8B and given ACB has a market cap of over