The Close:Tilray closed today: $25.90 US X .838 = $21.70 US (Aphria share)
$21.70 US = $27.41 Canadian
Aphria close: $23.92
That's a $3.49 difference and much, much closer than it was weeks ago.
This makes much more sense.
The prices will move more in lockstep going foreward.
The next catalyst? ........... Financials next month. They will be much better. They will drive the share price. Buy anything under $20. Hold off selling till right before the QR. If they are good, (which I suspect), sell more. As far as the merger goes: I don't think it will do anything for the share price as I believe the news is already baked in.
Just my 2 cents ,and yes .................. I could be wrong