Tilray Brands, Inc. TLRY

Let's Put it to Rest:

[Vinny57]

I was going to re-explain this again but instead I am going to repost my explaination from a few days ago. Once again NOBODY got ripped off. If you think you have ........ call your brokerage house.

REPOST AS FOLLOWS:
There seems to be a lot of confusion over the price conversion. You have NOT lost 15, 20, 25% of your holdings. I will try to explain. The reason you have "taken a haircut" is because the share value in the newly merged company has dropped lately (along with the whole MJ sector)

At closing on May 4th Tilray US shares closed at about $16 (US) or about $19.44 Canadian
If you take that number ($19.44) and multiply it .8381 you get $16.30 Canadian.

Follow me so far?

Now, at closing on May 4th, Aphria closed at $16.48. So the difference is only about 1%.
Yes, you have fewer shares now but when they converted, they converted to a much higher price. The price has since dropped (along with the sector). If you still held you APHA shares today, they would be trading in the $15 - $16 range and not the $19- $20 range we have today.

My exact numbers may be off a tad, but they are close enough for this purpose.

I hope this clears things up and helps those who believe they have been hoodwinked.

[CaneIsAbel]

Many factors have been taken into account vinny. My accountant herself said it wasn't done right. Some people have issues and clarification is needed which Cibc has no hired brain power to give. I understand things went smoothly for you but there are those of us where it didn't. Check out stocktwits or yahoo finance. Some brokers sold the shares entirely and did nothing more. Some brokers

[Shazam57]

You Keep saying May 4th. I think a reason why there is such a difference is because people were going based of the closing price on April 30th when the vote was done.