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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 > March 25 ..... what happens then?
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Post by Brento1 on Mar 19, 2018 5:19pm

March 25 ..... what happens then?

Is it just me or is it unusual that the latest ACB take-up deadline is on a Sunday? So a few questions for the knowledge bank here.

1) Is this a final "We have won! Give us your shares for less than $43.00!!" deadline?
2) If 1 is correct is the take-up deadline EOD Friday March 23?
3) What happens if one does not tender by March 25?
4) When does CMED actually stop trading and shares become ACB's regardless?
5) What are the odds of CMED bouncing up above $40.00 before forced take up?
Comment by MartialArts on Mar 19, 2018 10:03pm
Yes.  Check with your bank on dates.  They all seem to be saying different things. I have a small amount of CMED left to catch any uptrend since there's really not a lot on the ask so anything can set this up quickly. Next week, they will come up with a Subsequent or Compulsary Offer depending on whether it's greater or less than. The shares and cash are allocated and they' ...more  
Comment by Eigen337 on Mar 20, 2018 8:24am
This post has been removed in accordance with Community Policy
Comment by Eigen337 on Mar 20, 2018 10:46am
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Comment by Egreen23 on Mar 20, 2018 9:01pm
Remaining shareholders of CanniMed must tender their CanniMed Shares under the Offer by 11:59 pm (Pacific Time) on March 25, 2018. There is no guarantee that Aurora will further extend the Offer after March 25, 2018, and CanniMed shareholders are encouraged to tender as soon as possible.
Comment by PROtrading on Mar 21, 2018 9:58am
DING DING DING!!!!!!  WE HAVE A  WINNER!  Buddy Eigen337 beat out buddy MartialArts in the final discovery of the game: "What happen next when scumbags take over!" Yes ladies and gentlemen, the next round of the offer will be the worst.  Here is what I speculate: A. Market Monster gets the 90%  Then they put one last "offer" which is: A. All ...more  
Comment by lashout on Mar 21, 2018 12:04pm
This post has been removed in accordance with Community Policy
Comment by PROtrading on Mar 21, 2018 5:58pm
If you guys think the offer sucked when they were trying to get CMED holders on board being NICE, wait until they take the gun out!!!!  LOL    Hope all my buddies sold and aren't converting, we'll be at ACB $9s by them as more CMEDers dump the ACB overvalued junk!
Comment by MartialArts on Mar 21, 2018 12:41am
EIgen,  if you do the math on the number of shares and cash and their intentions via the filings, they will do a "Subsequent offer" or "Compulsary Offer".  Aurora has no intention to leave this dragging.  They want to move on.
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