the stocks are up hundreds of percent's over a few weeks on hype, so why should u buy apria? Close. It’s Q2. Share. 92% Upvoted. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Posted by 22 days ago. 16. level 1. The thing others are missing in their DD's is from the point you buy APHA, the matter if the APHA to TLRY split corrects itself doesn't matter to you personally anymore. That’s why you would do a pair trade, short Tilray and buy Aphria and wait for the spread to converge to the .8381 ratio. It’s Q2. Things are about to get even bumpier. The two companies began negotiations this week, and … Ah I see. The spread right now is 62%. Tilray/ Aphria Merger. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. I'm talking about the spread as of today. report. best. ITs a reverse merger where Apha actually owns 62%. What happens if you own stocks in both when they merge? It has a popular stock with retail investors from Reddit to Robinhood. Time to print some , I don’t think the merger is official yet either. The Aphria and Tilray merger is now confirmed! Be patient my friends once deal is done we shoot for $300 in 5 years , huge market. What date is merger with tilray? Tilray’s merger with Aphria, announced in December and set to close in Q2, will create the largest cannabis company. if you exit tlry with 100 million dollars you will see a red candle stick, if u exit with 100k$ you wont even see a candlestick. On Wednesday alone, Tilray is up 28%, while Aphria's gains were limited to 7%. Shareholders of Tilray (NASDAQ: TLRY) and Aphria (NASDAQ: APHA) are surely counting down the days until the merger votes both companies will … Sort by. 2 hours Longview Acquisition: Expensive Bet On The Handheld Ultrasound Market Seeking Alpha 2 hours Here is a Market Recap for today Tuesday, February 9, 2021. News details here. Currently up 400% still holding. Tilray Inc (NASDAQ: TLRY) shares, which have soared over 250% since the start of February, were plunging hard Thursday.. GLJ Research's Gordon Johnson said the sell-off in … I have shares in APHA and need advice on what the move is with this merger coming and the ticker changing to TLRY. WallStreetBets forum members believe Tilray and Aphria (NASDAQ: APHA) have more upside potential despite recent gains. 1 month ago. The aphria shares will turn into Tlry shares at the 83% of a share rate that OP mentioned. Nobody knows. hide. ET I’ll be selling my TLRY when the hype dips and I’m betting a lot of other people will do the same. Report Save. Here's why. Hey guys, this is going to sound like a dumb Q. Apha/Tilray are merging sometime I think April/May (I can't find the exact date). If you exit Tilray to go aphria, doesn't it drop Tilray price? Tilray researches, cultivates, produces, and distributes cannabis. But the merger news has put Tilray on the map again. Since the merger between Aphria (APHA) and Tilray (TLRY) was announced on December 16, 2020, the two stocks have traded apart and resulted in a … level 2. Its market cap has risen from $1.1 billion on Dec. 5 to $4.5 billion as of Feb. 16. I wouldn’t base any merger plays on the movement these last few days. Original Poster 1 month ago. In December 2020, Tilray (TLRY) and Aphria (APHA) announced their reverse merger. 40. While the merger arbitrage between TLRY and APHA stocks has come down, there's still some arbitrage opportunity. The spread right now is 62%. That’s as accurate as we’re going to get for now. The next walmart! 62. I own both. Just wondering what the exact date is of the merger, I have call options for Aphria and I’m worried what will happen to them when the merger occurs. 60% Upvoted. Log in or sign up to leave a comment Log In Sign Up. Funnily enough Apha SHOULD be the one trading at the premium as their balance books are much stronger as well. At the current conversion expressed from the merger, Aphria should be trading closer to $16.51 (19.7 x .8381 = 16.51). Specifically with this stock-for-stock merger, at the time of the deal closing, each share you own of Aphria will convert into a share of Tilray. Share. I don't have the exact date; just that it happens sometime in Q2 '21. Now Tilray shares … Does it not make sense to completely exit Tilray and go all in Apha with the spread the way it is? My understanding is when the merger happens Apha shares will be worth 83% of Tilrays. I’m holding equal shares of both, but I wouldn’t be surprised to see TLRY trading much closer to APHA in a few weeks. Have you been holding APHA or Tilray for a while? Tilray (NASDAQ: TLRY) will hold a shareholder meeting on April 14 to vote on its proposed merger with Aphria (NASDAQ: APHA).In effect, it will be a reverse merger… Eric Volkman (TMFVolkman) Feb 2, … I own both. On Dec. 16, 2020, Aphria (APHA) and Tilray (TLRY) announced a merger that's set to create the world’s largest cannabis company. (Sorry for late post) Reddit 2 hours The Right Call On Cara Therapeutics Seeking Alpha I have 30 shares of Aphria, so I should receive 0.8381*30 = 25.14 Tilray shares. tlry from is short trading history seems to be a pumpers paradise. Press question mark to learn the rest of the keyboard shortcuts. Tilray. TLRY data by YCharts. APHA & TLRY merger. report. So I own shares of APHA and I was wondering when the merger is gonna happen, is it the second quarter of APHA or the second quarter of tilray, also … Canadian cannabis companies Tilray Inc. (NASDAQ: TLRY) and Aphria Inc. (NASDAQ: APHA) have agreed to a merger. Aphria Inc. (NASDAQ:APHA) and Tilray Inc. (NASDAQ:TLRY) are contemplating a merger. Almost any post related to stocks is welcome on /r/stocks. The transaction should go through without any additional costs or taxes. share. Which will drop aphria future price. save. save. Merger Terms For APHA Stock. Looks like you're using new Reddit on an old browser. My option is for the 26th so I’m all set then lol thank you. Ironically Apha IS the stronger company between the two. hide. So here's my question. The risks of merger arbitrage. In December the two firms announced a Canadian cannabis tie-up … Press J to jump to the feed. Canopy Growth rose 6%, adding to its 110% rally in 2021. It could easily fall back. in the early half of 2021, APHA shares will be converted to TLRY at a rate of 1 APHA to 0.8381 TLRY. Check out our wiki and Discord! Aphria Inc. is a leading global cannabis producer that specializes in low cost cannabis cultivation and processing. Previous Post pot-marijuana -effects- smoke-weed- medical-marijuanabudsshop.com Next Post Benefits of CBD (Part 1): What Puts … Only if he's holding a few hundred thousand or so shares, Yeah I need to exit to pay off my 2nd yacht. When Tilray and Aphria merge on approx. IF Tilray maintains $63 a share at merger then APHA is worth $52. aphria was at like 2 dollars a few months ago, they might see these prices again soon if good news doesn't come out of the senate. Aphria, $APHA, is buying Tilray, $TLRY. Under terms of the agreement, Aphria shareholders will receive 0.8381 shares of Tilray for each Aphria common … Share Tweet Share. 5 comments. Continue this thread level 2. The merger is … why cant tlry go down? Currently, during after-market hours, Aphria Inc. is trading at a price of $12.42 compared to Tilray Inc.’s price of $19.70. Report Save. The risk would be the merger doesn’t happen and the market(read: big boy funds) must feel there is at least a decent chance it doesn’t happen for the spread to be that large. In December Aphria and Tilray announced a merger that, once completed, would create the world’s largest global cannabis company in terms of revenue.. The difference between the price they sold for today and the price they pay to buy the stock back at a later date (less fee/interest) is equal to the profit on the short trade. its not like their fundamentals changed much recently. I think that Aphria and Tilray are going to become the apex competitor in the marijuana industry over the next few years. Hi guys hope you're all having a great weekend!!! Both stocks jumped … What should investors do? APHA Stock at a Glance. There is no reason to own it prospectively. Tilray (NASDAQ: TLRY) stock price grew 50% in a single trading session as Reddit day traders have moved attention towards cannabis stocks and targeting the hot Canadian cannabis producer Tilray over the past few days. Tilray’s gains also lifted the shares of its pending merger partner, Aphria (NASDAQ: APHA). APHA Revenue (Quarterly) data by YCharts. Been holding apha since 2018. Hi I don’t really mess with options I only have shares at the moment. Nobody knows. Press question mark to learn the rest of the keyboard shortcuts. ET First Published: Feb. 16, 2021 at 8:27 a.m. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. After Aphria and Tilray merge, ... How to Find the Next Top Reddit Stock of 2021 By Thomas Yeung Apr ... Financial Market Data powered by … Aphria (APHA) + Tilray (TLRY) Stocks Merger CONFIRMED! Is TLRY a buy now and I should get in on that? Previously, I pointed to the juicy merger arbitrage in Tilray and Aphria stocks. When the merger … What are your positions? Just wondering what the exact date is of the merger, I have call options for Aphria and I’m worried what will happen to them when the merger occurs . The merger would be subject to regulatory approvals. I mean it went down from 300- like 10 bucks. What Investors Need to Know About the Aphria and Tilray Merger The two companies actually fit together quite well. But there are no fractional shares, so I round down to the nearest whole number: I will receive 25 Tilray shares on merger date. My understanding is when the merger happens Apha shares will be worth 83% of Tilrays. Hey guys, this is going to sound like a dumb Q. Apha/Tilray are merging sometime I think April/May (I can't find the exact date). 1 month ago. Reply. Going by the merger terms, Aphria stock should trade at 0.8381x of Tilray … iv'e been waiting but still nothing. I plan on long holding. Then what happens to apha shares bought afterwards? Tilray would acquire Aphria and the new entity would trade under the "TLRY" ticker symbol. 18 comments. Tilray/ Aphria Merger. Log in or sign up to leave a comment Log In Sign … Wednesday alone, Tilray ( TLRY ) and Aphria Inc. is a leading global cannabis producer that specializes low... From 300- like 10 bucks in December 2020, Tilray is up 28 %, bringing the stock year-to-date! Any post related to stocks is welcome on /r/stocks 4.5 billion as of today 're all having a weekend. So I ’ m all set then lol thank you is the stronger company the! Tlry a buy now and I should get in on that 83 % of Tilrays down from 300- like bucks! Buy now and I should get in on that gains were limited to 7 % ( TLRY ) Aphria., there 's still some arbitrage opportunity is TLRY a buy now I! Go through without any additional costs or taxes you exit Tilray to go Aphria announced. 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