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
Eigen337 on Mar 20, 2018 8:24am
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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
lashout on Mar 21, 2018 12:04pm
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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.