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Looking at volume on CMED it is very high compared to previous days. I have been watching the volume since the takeover started and it stayed in or below the 100k range per day. Today they are already over 600k traded that should tell everyone here that the deal is moving forward as planned.
Medreleaf and ACB halted together for pending news. Some form of deal going on.
I think it was too big a swing
I did today but i can tell you this stock has not been below .33 in well over a year and a half, thats when i bought in at .34 U.S.
That was a software glitch no one bought that low
Check your math
Agreed!!!!!
grubby
Canadian stocks have their own ticker symbols, they are separate from the U.S tickers.
Radient is a Canadian company so the primary ticker is RTI not RDDTF.
RTI is the canadian ticker
RDDTF is the U.S ticker
They are both Radient Technologies
If the U.S side is closed and the Canadian side is open you will see RTI trading and RDDTF will not and vice versa.
Yesterday was not the true norm as there were no trades on the U.S side for RDDTF even though the market in the U.S was open.
Hope this helps
REAL NEWS OUT:
Everything but the 105 day limit went in Aurora’s favor. We can now buy 5% of CMED on the open market, and looking at the volume of CMED today i would say that has already started.
https://mobile.tmxmoney.com/quote/readnews/?id=6692157107660324&symbol=ACB
On fire today 007 glad i held my EVI—-O
All rulings un Auroras favor except the 105 day period. We can now buy 5% of CMED on the open market.
Here are the tickers for the new investors.
ACB is the Canadian ticker
ACBFF is the U.S ticker
ACB is closed today it is a Canadian holiday.
ACBFF is trading as a normal day today on the U.S side.
If you look at past trading days where the Canadian market is closed you will see the U.S side ACBFF is up but corrects to reflect the Canadian side on the next open day.
Today the U.S side ACBFF is up more than normal so maybe someone knows something i don’t know but i am expecting a pullback tomorrow unless we get very good news.
As i have said before Aurora is a Canadian company and the primary trading side is ACB it is what controls the U.S PPS so if ACB opens red tomorrow expect a huge pullback on ACBFF, if it opens green and rises then the pullback will be smaller.
I have been here a long time and have seen this on every holiday.
Its not halted the Canadian market is closed today. Don’t read too much into a very low volume on the U.S side or even a no volume today.
The Canadian market is closed today
Where do you see that?
Like EVIO :)
Great please let us know how it goes.
Merry Christmas to you and everyone else as well!!!
That will likely be struck down by the courts:
Aurora is also asking the regulators to strike down CanniMed’s shareholder rights plan, which aims to block Aurora from locking up more shareholders or buying shares of CanniMed. Aurora had announced its bid by saying it has agreements in place with major CanniMed shareholders to support the deal that are now worth approximately 36 per cent of CanniMed’s stock.
Geoff Moysa, lawyer for Aurora, noted Thursday that the case is the first to consider a shareholder rights plan under the new takeover rules. He added that CanniMed’s poison pill was “so flawed it wouldn’t be allowed to stand under the old regime anyway.”
I just voted yes for the deal.
100,350 shares of ACBFF
GLTA
Yea they will get the ability to buy 5% on the open market and the shareholders rights will be voided as well from what i read.
Read this Dogg:
For its part, CanniMed has applied to the FCAAS and the OSC to classify Aurora’s hostile takeover attempt as an “insider bid,” alleging that Aurora had nailed down lock-up agreements to support its offer with shareholders who worked “jointly or in concert” with Aurora’s hostile takeover. CanniMed is asking regulators to exclude the locked-up parties from counting towards the 50 per cent of shares Aurora needs for its deal to go through.
That would be for a controlling interest in the company not a full takeover. However with the controlling interest of 51% that would enable them to oust the hostiles and proceed with the rest of the takeover of 100% ownership.
For everyone looking at the CMED deal as total dilution you may want to look at it in a different light.
We are acquiring a company that has as many patients as we do effectively doubling our business, we are acquiring a company that is already licensed and producing and selling, that is an immediate source of revenue no waiting. We have roughly 447 million outstanding shares that will go to just over 600 million. In as little as a year we will have more than 6 billion in market cap. We are in rapid expansion mode look at what we have accomplished in just 2 years.
I am up over 1500% in 1.5 years i expect that to continue effectively doubling PPS on a yearly basis for the next few years. This market is still in its infancy and will expand beyond what most people can comprehend.
People buy $1000 phones almost every year people buy $200-300 worth of Cannabis in one form or another monthly. The green rush is coming it will be legal and it will continue to expand throughout the entire world and we already have a huge piece of the pie and it is only going to get bigger.
I have 100k shares of ACBFF and i will be voting yes on the deal..
GLTA
600 million shares is not bad for a company that will exceed 6-8 Billion in market cap in the next year.
This is the OS for Apple
SHRS OUT: 5,134,312,000
https://mobile.tmxmoney.com/quote/?symbol=AAPL:US
You may be correct.
24,433,412 OS for CMED
24,433,412 X 4.5 = 109,950,354
109,950,354 would cover the CMED acquisition.
The additional shares would cover both an increase in the 4.5 limit and the HIP deal IMO
So are you on board yet lol
New shares to acquire all CMED shares. It will be a 100% share transaction no cash. That will put us at over 600 million outstanding shares.
Volumes: there is just no interest in CMED and it has been this way for a very long time now
CanniMed Therapeutics Inc.
Exchange: TSX Exchange
$20.00 Dec 12, 2017, 3:59 PM EST 0.13 (0.65%)Vol: 121,113
Real-time price
Aurora Cannabis Inc.
Exchange: TSX Exchange
$7.24 Dec 12, 2017, 4:23 PM EST -0.07 (-0.96%)Vol: 8,710,030
Real-time price
It’s a waiting game at this point. I really don’t expect to hear anything until after the new year
Dogger
This is from your post #216
Well they better start buying cause they need 3,250,000 to get there....I guarantee the last 500,000 costs them $50 bucks per.....that’s where my shares are available at...come get boys.....
You are insinuating you own 500,000 shares you may want to clarify a bit better next time lol
And you own 500,000 shares???
Of 2017??
So what is your avg. PPS buy in for CMED?
Correct Aurora does not own any shares. They only have 38% of the shares locked up, so another 13% will nullify any Newstrike deal. Aurora mailed their docs weeks before CMED so it does not bode well for them as again they are playing catchup. Once the Newstrike deal is nullified Brent will relent and step down.