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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 > Sold ACB to buy CMED
View:
Post by MaxeCapital on Jan 24, 2018 12:23pm

Sold ACB to buy CMED

With no cap this should be an ok move?
Comment by SecondLast on Jan 24, 2018 1:07pm
That should be the only move now. It's like getting ACB at a 15% discount
Comment by ShowMeThaMoney on Jan 24, 2018 1:32pm
Being relatively new to trading, and reading the releases, I thought the same thing and promptly sold my ACB holding and bought CMED.  I'm just hoping, and maybe someone can clarify, do you need to be a CMED shareholder before today's date for your shares to be converted at closing?  I appreciate the input/education. 
Comment by Ronfree on Jan 24, 2018 1:47pm
The best advise in trading is... Don't hope... The weed sector is due for a dip, so any buy today is not a good r/r imo... My thought is that everyone was waiting for the deal to be done so now the sell can start... Look at all the other major weed stock... $WEED, $APH,..., they are all dropping. and I suppose that is just the start. The market cap of all these stocks have quaduple and most ...more  
Comment by thorgb1 on Jan 24, 2018 1:47pm
Yeah, you will end up with more ACB than you originally had for the same initial investment.
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