Replies to post #4500 on Aurora Cannabis Inc (ACB)

[Bigman7100xxx]

OK I stand corrected, thanks for correcting me I was thinking something different, I did not realize it was 24.00 cap price thank you!!!

[trademax42]

erpy...depends on the 20 day Aurora's VWAP on TSX. If the Aurora's PPS goes up but the VWAP on TSX stays at $5.30 or below, the share exchange ratio stays at 4.525 and subject to a cap price of $24 Canadian. This is how I understand by reading the Terms of the Offer. The rest is about PPS movements of both tickers on TSX to calculate the premium. Please see my post # 4520.

For example if Aurora price is 6 your get 4 Aurora shares for each CMED share. IF price is 6.25 then you get 3.84 shares of Aurora for each CMED, if Aurora price is 6.50 you get 3.69230769 shares of aurora for each CMED. So even if Aurora is $7 a share you would get 3.4285714 shares of Aurora for each CMED share. It is a NO BRAINER to me. I am anxious to hear why any CMED share holder is against the idea?

Disclosure:my posts are just my opinion, do your own DD.