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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 > How long until we see cash in our accounts?
View:
Post by bert2 on Mar 09, 2018 11:17am

How long until we see cash in our accounts?

any insights
Comment by holdandhope on Mar 09, 2018 1:33pm
Within 3 business days of the date which the shares are taken from your account is what TD told me.
Comment by NewfieBullet76 on Mar 09, 2018 1:50pm
What happens if I do not tender my shares, could someone please respond with an honest answer.
Comment by TheSim123 on Mar 09, 2018 2:12pm
As far as I can tell at some point in the future each CMED share will become 3.4 ACB shares.
Comment by GarlicToast on Mar 09, 2018 3:39pm
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Comment by GarlicToast on Mar 09, 2018 3:44pm
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Comment by silkroad007 on Mar 09, 2018 3:52pm
but but,, I thought Martial Arts was saying they would be lost in limbo land... that amount of over analyzing this merger is beyond comprehension.  MA seems to thnk it swas extreemly complicated and its not.  Takes an investor literally 5min to figure out the best option. MA being the day trader only was only concerned with his own issues and confusing all and/or making this deal seem ...more  
Comment by MartialArts on Mar 09, 2018 4:39pm
silkroad007, you obviously need to do a bit more analyzing and please don't put words in my mouth. People here should read the offers dating back November 2017 to understand the dynamics because they are complex. Aurora had the ability to extend the offer which they did.   Interestingly enough, they cite this as a "mandatory extension". "In addition, pursuant to ...more  
Comment by longonMJ on Mar 09, 2018 10:35pm
MA:  As I stated in a previous post, it would now appear to me that this takeover action was really designed to accomplished 2 things at the same time: 1)  The first being a vote to see if the required 66.67% of outstanding shares agreed to the takeover in the first place, as determined by the fact that they tendered their shares; and 2)  If they did tendered their shares (i.e ...more  
Comment by longonMJ on Mar 09, 2018 8:43pm
Yes, although I would agree with you that it is relatively easy to select just the option that is best for yourself from a valuation point of view, trying to figure out everything else that went along with this offer was actually not that easy. Especially when you had investment houses and even Laura Hill apparently having different versions of what was actually taking place here.  For ...more  
Comment by longonMJ on Mar 09, 2018 8:03pm
GT:  Are you referring to this second round of the takeover offer from Aurora in your answer here? If you are referring to the initial takeover offer which is about to expire tonight, then this would not be correct.  If the Default option was for the all-share option, then it would have meant we would have had full 100% tendering of shares (by default of course) and no need for a second ...more  
Comment by longonMJ on Mar 09, 2018 6:13pm
Be sure to send Laurel a message back thanking her for absolutely nothing at all.  LOL. Absolutely nothing new here since this info was already part of their initial news release months ago.  In fact, useless information since we can already surmise that a portion of the shareholders selected the all-share Option 1.  So, the whole thing about the $5.70 cash consideration and 2.9493 ...more  
Comment by Skinner70 on Mar 09, 2018 7:48pm
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