Post by
MartialArts on Feb 28, 2018 3:44pm
Take-up Dates: Improved Offer, Subsequent & Compulsary
There are a lot of misinformed investors and traders here. I was just told, very rudely, by silkroad007 to "read a book".
I'd like to address baseless attacks with facts.
The fact is this is not a normal merger. It's a quasi-hostile take over.
Aurora has setup a "Take-up Date" in which the "Improved Offer" expires. That is scheduled for March 9th with brokerage elections to happen generally two days prior. But, that date can be accelerated, cancelled or extended at the sole discretion of Aurora.
If you miss this important "Improved Take-Up Date", you stay with CMED shares. That's the default option. That's a fact.
What happens then? It depends on the number of shares tendered. Two other subsequent dates are "Subsequent Acquisition Take up Date" and "Compulsary Acquisition Take up Date".
So silkroad007, please "read the books" yourself and tell us how you interpret this instead of your uninformed, simpleton comments assuming this is a regular merger. It's not.
PS You need to refer to Section 15 of the Original Hostile Offer for some of the details.
Comment by
PROtrading on Feb 28, 2018 7:54pm
Gawd, why are ACBer so stupid? You guys are all from Alberta right? You freaking morons took all the convincing in the word to get you to understand simple math and how you want to take credit for it!!!??? LOL Don't even pretend to understand what's coming up next silkworm, just go back to bagholding HIP!!!! LMAO!!!!