GB Group Ord Shs GBGPF

cmed worth 43$ CASH and trading at 31.xx

[Dontbesogreedy]

the deal now have a 100% cash option (up to 140 millions) meaning that if 100% of cmed choose this cash option (very unlikely) a minimum of   13.3% of your shares could be worth 43$ cash and the rest would be worth 3.4 ACB shares (at the time of typing this 3.4 ACB is worth about 34$)

Does this make cmed WAY undervalued?


Pursuant to the terms of the Notice of Variation, Aurora has increased the consideration offered per CanniMed Share, at the election of each CanniMed shareholder, to: (a) 3.40 common shares ("Aurora Shares") of Aurora (the "Share Alternative"); (b) $43.00 in cash (subject to proration); (the "Cash Alternative"); or (c) any combination thereof (subject to proration of the cash portion), (the "Share and Cash Alternative").

[Thryfte]

Yes, it means it's extremely undervalued. I got a bunch at $39 just because of the conversion rate, got a few more at $26.80 because there's never been a more obvious buy. Getting this for under $40 seems a hit of a no-brainer to me, it's one of those things that seems too good to be true. Hopefully nothing happens to mess everything up! Just gotta hold on for a month and you get free

[Partwaythere]

Bought a large amount; large amount! at $15.35; holding for good results. When it hit $45 then back down to $25; I seriously puked lol. Good to see it rise back up; holding for merger, then for legalization.

[longonMJ]

I believe this final confirmed offer is really in essence exactly the same as the original support agreement that was drafted up the other week.  It's just breaking it down in more detail as 3 separate options makes it only appear to be different from the support agreement.  I think the all-cash offer was already there, but if everybody took it, it would just amount to the 2.9493X