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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 > 3:1 pure stock exchange deal, both side feels comfortable
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Post by Duxing on Jan 20, 2018 8:48am

3:1 pure stock exchange deal, both side feels comfortable

CMED will not accept any cap this time. It will be a pure 3:1 stock to stock exchange.
This is reasonable because at the time ACB announced the takeover, CMED share price was 15.3 
and ACB was slightly over 5. 3:1 is a ratio both sides may accept psychologically and comfortably. 
Comment by Duxing on Jan 20, 2018 8:51am
With this deal, ACB may surge 10 to 20% to 15 to 16 range. Therefore CMED worth 45 to 50 dollars
Comment by MartialArts on Jan 20, 2018 10:01am
And exactly why would the November 24th Aurora announced ratio of "1 CMED share for 4.5259 shares of Aurora" not be respected now that Cannimed has the OK to merge from Newstike shareholders?  Why are people not reading all the materials available to the public on this? Where do you get the number 3?  I'm sorry to be blunt but is that simply from your head or is it based ...more  
Comment by Duxing on Jan 20, 2018 10:05am
If you really read into the deal, you would know 3:1 was the price ratio on the November date the deal was announced. ACB put a 57% premium and ended up with ratio 4.525.
Comment by MartialArts on Jan 20, 2018 10:19am
The premium has to stay or give us cash instead of shares.  Simple as that. If it's "all shares" at miniumum, Aurora's stated 4.5259 ratio has to be honored. I don't think you represent the 66.6% Cannimed majority view on this so please readjust for that.  And remember that CMED has the ok from HIP shareholders to merge at 1000/33, that's something that the ...more  
Comment by Duxing on Jan 20, 2018 10:28am
You are so funny and serious! Nobody here can represent any others. This a forum and we are only express our own opinions and guessing.
Comment by Duxing on Jan 20, 2018 10:13am
By Taking the 57% premium off, both side would be comfortable. ACB has spent huge amount of money and time. It has determined to win the deal and does not want to lose the opportunity. I set my price target of CMED at 35 to 40 based on my prediction and jumped on CMED train last Wednesday morning at 26 bulks. Now have made over 30% gain. Some of the gain is already in my pocket.
Comment by Supermariog on Jan 20, 2018 10:42am
SORYY Martial, but you look like TRUMP. Alternative facts. CMED was offered $24 per share, (that were at $ 16 + or - at the time) 57% more and that represented 4.xx shares at the time. Would BZ have accepted what at least 38% of his shareholders wanted, their former CMED shares would worth today 4.5 ACB X $ 13.5 = $ 60. I really have a hard time understanding why you are so agressive sending all ...more  
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