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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 > Cmed merger conversion
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Post by stockhorse10 on Feb 16, 2018 7:06am

Cmed merger conversion

I re bought back in yesterday with 3000 shares at $35.10..I'm looking for some advice on what offer I should request from ACB and at what price point wold be more feasible for myself...if the price remains the same, drops or spikes...thinking about the all share option but would like to do what's best for my portfolio long term...thanks
Comment by MartialArts on Feb 16, 2018 10:13am
If you look back at the thread someone expanded my calculations based on different adoption levels. If you like ACB, go for the share conversion at 3.4x ACB shares for each CMED shares.  If you don't like ACB, take the cash option.
Comment by stockhorse10 on Feb 16, 2018 11:43am
Thanks...I'll check out some of your previous post
Comment by oceaneleven on Feb 16, 2018 5:48pm
Initial Deposit Period In connection with the filing of the Offer Documents, the CanniMed Board has reduced the initial deposit period (being the minimum amount of time the Improved Offer must be open for acceptance before Aurora can begin taking up shares under the Improved Offer) to 84 days from the commencement of the offer on November 24, 2017. This means that commencing on the later of ...more  
Comment by Oldweed on Feb 16, 2018 8:19pm
Just curious, how open do you think CMED shareholders would be in excepting a new improved offer from WEED?
Comment by MartialArts on Feb 17, 2018 4:46pm
I would prefer an improved offer from either Aphria or Canopy, over Aurora.  But Aurora is vastly superior to Newstrike and trying to develop recreational marijuana alone.  But as some of the critics note, the 3.4x swap with no downside protection is far from good value for CMED holders. But any of these threes will take the vast knowledge of Cannimed and the #1 CanniMed Oils and will ...more  
Comment by longonMJ on Feb 17, 2018 7:29pm
Yes, Aphria might just be an excellent opportunity here. Especially since they was will to pay some ridiculous amount like $826M for a company that has nothing except for a few foreign export licenses, than they should probably be willing to pay billions for a company like CMED which actually has something much more substantial. GLTA
Comment by Oldweed on Feb 18, 2018 4:27am
looks like we are the only two out their that think this is a possibility...I've poste don WEED and APH with no response...but if WEED or APH takes this there will be blood in the water!
Comment by Dollarmover87 on Feb 16, 2018 9:22pm
3.4 conversion
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