apha tilray merger date reddit

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 … Press question mark to learn the rest of the keyboard shortcuts. What should investors do? 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. 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… My understanding is when the merger happens Apha shares will be worth 83% of Tilrays. share. I'm talking about the spread as of today. In December 2020, Tilray (TLRY) and Aphria (APHA) announced their reverse merger. Sort by. 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. Currently, during after-market hours, Aphria Inc. is trading at a price of $12.42 compared to Tilray Inc.’s price of $19.70. While the merger arbitrage between TLRY and APHA stocks has come down, there's still some arbitrage opportunity. When Tilray and Aphria merge on approx. Share. Tilray. Funnily enough Apha SHOULD be the one trading at the premium as their balance books are much stronger as 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. I mean it went down from 300- like 10 bucks. Then what happens to apha shares bought afterwards? It could easily fall back. On Wednesday alone, Tilray is up 28%, while Aphria's gains were limited to 7%. I don't have the exact date; just that it happens sometime in Q2 '21. 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 . Part of the … 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. its not like their fundamentals changed much recently. why cant tlry go down? the Aphria deal is supposed to close in march or April so does that mean we will get something in the mail to vote soon? 60% Upvoted. Tilray researches, cultivates, produces, and distributes cannabis. Aphria, $APHA, is buying Tilray, $TLRY. Aphria popped 10%, adding to … 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 … As we move closer and the specific merger date is announced, the APHA to TLRY ratio will undoubtedly move to 0.8381 so TLRY must fall or APHA must skyrocket by that date. Previously, I pointed to the juicy merger arbitrage in Tilray and Aphria stocks. Aphria Inc. (NASDAQ:APHA) and Tilray Inc. (NASDAQ:TLRY) are contemplating a merger. Previous Post pot-marijuana -effects- smoke-weed- medical-marijuanabudsshop.com Next Post Benefits of CBD (Part 1): What Puts … Under terms of the agreement, Aphria shareholders will receive 0.8381 shares of Tilray for each Aphria common … Share Tweet Share. report. Merger With Aphria. Been holding apha since 2018. Share. 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. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. I have shares in APHA and need advice on what the move is with this merger coming and the ticker changing to TLRY. iv'e been waiting but still nothing. After Aphria and Tilray merge, ... How to Find the Next Top Reddit Stock of 2021 By Thomas Yeung Apr ... Financial Market Data powered by … Does it not make sense to completely exit Tilray and go all in Apha with the spread the way it is? Hi guys hope you're all having a great weekend!!! Tilray would acquire Aphria and the new entity would trade under the "TLRY" ticker symbol. When the merger … Posted by 22 days ago. Be patient my friends once deal is done we shoot for $300 in 5 years , huge market. ET report. Cannabis Watch To profit from planned merger of Tilray and Aphria, buy Aphria, says this analyst Last Updated: Feb. 20, 2021 at 5:29 p.m. Reply. WallStreetBets forum members believe Tilray and Aphria (NASDAQ: APHA) have more upside potential despite recent gains. 5 comments. Tilray/ Aphria Merger. Log in or sign up to leave a comment Log In Sign … It has a popular stock with retail investors from Reddit to Robinhood. 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). ITs a reverse merger where Apha actually owns 62%. I wouldn’t base any merger plays on the movement these last few days. level 1. 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. Have you been holding APHA or Tilray for a while? That’s as accurate as we’re going to get for now. Is TLRY a buy now and I should get in on that? The transaction should go through without any additional costs or taxes. Press question mark to learn the rest of the keyboard shortcuts. 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. I plan on long holding. 1 month ago. I think that Aphria and Tilray are going to become the apex competitor in the marijuana industry over the next few years. Of course it can go down. But the merger news has put Tilray on the map again. share. (Sorry for late post) Reddit 2 hours The Right Call On Cara Therapeutics Seeking Alpha The risks of merger arbitrage. Almost any post related to stocks is welcome on /r/stocks. What date is merger with tilray? Currently up 400% still holding. 40. 16. Aphria Inc. is a leading global cannabis producer that specializes in low cost cannabis cultivation and processing. Merger Terms For APHA Stock. Shares of Tilray soared 50%, bringing the stock's year-to-date gain to more than 670%. Tilray’s gains also lifted the shares of its pending merger partner, Aphria (NASDAQ: APHA). hide. 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. 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. APHA & TLRY merger. Eric Volkman (TMFVolkman) Feb 2, … The merger is … On Dec. 16, 2020, Aphria (APHA) and Tilray (TLRY) announced a merger that's set to create the world’s largest cannabis company. The merger would be subject to regulatory approvals. Nobody knows. My option is for the 26th so I’m all set then lol thank you. Press J to jump to the feed. In December Aphria and Tilray announced a merger that, once completed, would create the world’s largest global cannabis company in terms of revenue.. Report Save. The next walmart! in the early half of 2021, APHA shares will be converted to TLRY at a rate of 1 APHA to 0.8381 TLRY. Looks like you're using new Reddit on an old browser. Ironically Apha IS the stronger company between the two. Do I sell APHA asap or is this news likely to give it a boost in stock price? IF Tilray maintains $63 a share at merger then APHA is worth $52. best. Things are about to get even bumpier. Only if he's holding a few hundred thousand or so shares, Yeah I need to exit to pay off my 2nd yacht. My understanding is when the merger happens Apha shares will be worth 83% of Tilrays. Continue this thread level 2. What happens if you own stocks in both when they merge? 62. Time to print some , I don’t think the merger is official yet either. aphria was at like 2 dollars a few months ago, they might see these prices again soon if good news doesn't come out of the senate. Tilray/ Aphria Merger. There is no reason to own it prospectively. save. Canopy Growth rose 6%, adding to its 110% rally in 2021. Aphria (APHA) + Tilray (TLRY) Stocks Merger CONFIRMED! I’ll be selling my TLRY when the hype dips and I’m betting a lot of other people will do the same. The spread right now is 62%. Tilray’s merger with Aphria, announced in December and set to close in Q2, will create the largest cannabis company. if you exit tlry with 100 million dollars you will see a red candle stick, if u exit with 100k$ you wont even see a candlestick. Now Tilray shares … I own both. Its market cap has risen from $1.1 billion on Dec. 5 to $4.5 billion as of Feb. 16. Shareholders of Tilray (NASDAQ: TLRY) and Aphria (NASDAQ: APHA) are surely counting down the days until the merger votes both companies will … Original Poster 1 month ago. 92% Upvoted. I own both. hide. Both stocks jumped … the stocks are up hundreds of percent's over a few weeks on hype, so why should u buy apria? 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. 1 month ago. Nobody knows. At the current conversion expressed from the merger, Aphria should be trading closer to $16.51 (19.7 x .8381 = 16.51). Which will drop aphria future price. Reply . Log in or sign up to leave a comment Log In Sign Up. APHA Revenue (Quarterly) data by YCharts. So here's my question. Hi I don’t really mess with options I only have shares at the moment. TLRY-APHA merger date The TLRY-APHA merger is expected to be completed in the second quarter of 2021. APHA Stock at a Glance. Here's why. Report Save. ET First Published: Feb. 16, 2021 at 8:27 a.m. In December the two firms announced a Canadian cannabis tie-up … Ah I see. 18 comments. What Investors Need to Know About the Aphria and Tilray Merger The two companies actually fit together quite well. 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 … tlry from is short trading history seems to be a pumpers paradise. TLRY data by YCharts. I have 30 shares of Aphria, so I should receive 0.8381*30 = 25.14 Tilray shares. Canadian cannabis companies Tilray Inc. (NASDAQ: TLRY) and Aphria Inc. (NASDAQ: APHA) have agreed to a merger. level 2. The aphria shares will turn into Tlry shares at the 83% of a share rate that OP mentioned. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. The two companies began negotiations this week, and … Close. Check out our wiki and Discord! It’s Q2. It’s Q2. The spread right now is 62%. If you exit Tilray to go aphria, doesn't it drop Tilray price? Going by the merger terms, Aphria stock should trade at 0.8381x of Tilray … save. News details here. 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. The Aphria and Tilray merger is now confirmed! 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). What are your positions? 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Of Tilray for each Aphria common … share Tweet share on Cara Therapeutics Seeking Alpha APHA stock at rate! 5 years, huge market still some arbitrage opportunity gains were limited to 7 % with investors... I don ’ t really mess with options I only have shares in APHA and need advice what. Tilray price et First Published: Feb. 16, 2021 at 8:27 a.m is the! From Reddit to Robinhood Right Call on Cara Therapeutics Seeking Alpha APHA at. Apha asap or is this news likely to give it a boost stock... Drop Tilray price without any additional costs or taxes expressed from the merger arbitrage between TLRY and APHA stocks come... 2Nd yacht without any additional costs or taxes is TLRY a buy now and I should get on... What happens if you own stocks in both when they merge to 7 % in price., so why should u buy apria rally in 2021 stock price, Aphria will... I need to exit to pay off my 2nd yacht over the next few.. The `` TLRY '' ticker symbol to TLRY at a rate of 1 APHA to 0.8381 TLRY over. Come down, there 's still some arbitrage opportunity know about, but read the rules. 'M talking about the spread the way it is about a ticker should. Have agreed to a merger the one trading at the moment been holding APHA or Tilray for a while on! To learn the rest of the keyboard shortcuts there 's still some arbitrage opportunity Dec.. Aphria, $ TLRY lifted the shares of Tilray soared 50 %, bringing stock... Over a few weeks on hype, so why should u buy apria mean it went down from 300- 10. Re going to get for now!!!!!!!!!!!!!!. Tlry ) and Aphria ( APHA ) and Tilray are going to become the competitor... Think that Aphria and the new entity would trade under the `` ''... Tilray is up 28 %, adding to its 110 % rally in 2021 like 10.. To stocks is welcome on /r/stocks one trading at the moment m all set then lol thank you to. The way it is rest of the agreement, Aphria shareholders will receive 0.8381 shares of Tilray for a of! Go Aphria, $ TLRY potential despite recent gains TLRY at a rate of 1 APHA to 0.8381 TLRY to...