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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 > Now you have 60 hours to think about why you would sell
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Post by Duxing on Jan 26, 2018 9:08pm

Now you have 60 hours to think about why you would sell

You CMED at such big a discount. It seemed there were still many people did not or don’t understand the deal.

it is a done deal: you will get 3.4 ACB shares for each CMED share you own without any conditions. If you would like, you may choose to get 5.7 dollars and 2.95 ACB shares instead. This makes sense especially when ACB shares price falls below 12.65 dollars which is the ACB stock price both companies used to set the base for negotiation. Now the only meaning 12.65 carries is to help you calculate and determine the options you want: 3.4 ACB shares or 2.95 AcB shares plus 5.7 cash, or any other combination of cash up to 5.7 and shares up to 3.4.

The deal is not affected by the stock price of either company. What you need to get big money is a little bit of patience. That is it!
Comment by VENMan on Jan 26, 2018 10:06pm
@Duxing, great post deserves 5 stars. For me I don't even care what my CMED shares are trading at all I care about is my ACB shares and how they are doing and right now my 3.4 ACB shares closed at $13.29 which is 
Comment by VENMan on Jan 26, 2018 10:10pm
Opps, don't know what went wrong it just posted. What I was trying to point out is that I don't care what the share price is for CMED all I'm doing is looking at my ACB shares and my 3.4 ACB shares closed at $13.29 which is a value of $45.19. This is all I care about and what matters to me. ALL IMO !! DYODD!! 
Comment by Duxing on Jan 26, 2018 10:17pm
You are smart enough as well as optimistic enough! Good!
Comment by Mjman17 on Jan 28, 2018 9:45am
Why thee are still so many poeple buying ACB at over $13 and not go to buy CMED@39.47, while it is actually mean $11.6 (39.47/3.4=11.6).  Is this a 100% doen deal or is there still some factor pending to determine the final deal?
Comment by longonMJ on Jan 28, 2018 3:44pm
Well, as far as I can see, this deal is probably pretty much in the bag and done as done can be. The only 2 two things that can possibly stop it from happening would be the Competition Bureau or a NO vote from the Cannimed shareholders, and I don't see either of these 2 things happening. For the first one, non-approval of this merger by the Competition could actually be viewed as lessening ...more  
Comment by Duxing on Jan 28, 2018 5:22pm
Where did you get the number 75%? Deal like this needs 2/3 of shareholders who voted to vote yes normally.
Comment by Duxing on Jan 28, 2018 5:18pm
60 hours are almost home. If you still don’t understand the deal, you are doomed to lose the precious opportunity!
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