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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 > Got my settlement/conversion via RBC today
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Post by ChazBrown on Mar 17, 2018 1:11am

Got my settlement/conversion via RBC today

I was a tad shocked when I saw my results.  I opted for all cash for both accounts.

I got  $5.99522 / CMED share + 2.92527828 shares of  ACB per CMED share. 

The money looked so low as first glance.  I did some math, however, and it all comes out in the wash. 

In the end, calculating from what I actually paid for the CMED, I got my ACB shares for 9.43 and 11.30 per respective accounts.  I'll take the cash and buy more ACB when it dips down to 10 bucks next week.  I am f*ckin' glad that this merger cr*p is over...

GL&GT
CB
Comment by Obviously on Mar 17, 2018 11:02am
This post has been removed in accordance with Community Policy
Comment by Skinner70 on Mar 17, 2018 3:10pm
This post has been removed in accordance with Community Policy
Comment by longonMJ on Mar 17, 2018 1:16pm
Yes, it's just all math and it actually works out in the end. So, just take the $12.65 equivalent cash paid to you for each Aurora share that was not converted and use it now to buy back your "missing" Aurora shares at the now less than $11 current market price. You'll now end up with more Aurora shares in your account then if you had chosen the all-share Option 1.
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