Tribute share price (Cdn.) by Merger TimeI think the TRX Cdn. share price will be higher than $2.70 by end of September.
I am looking at about a $15.50 to $15.75 POZN price by Sept. 28 , 29, 30, = $2.20 TBUFF = $2.85 TRX Cdn.
I think this $2.85 price will be had within 60 days or so - just before the merger.
Although I sell some then (maybe 15%) . . . I believe that Adrian Adams will work on and announce a major acquisition that is accreitve and could raise the new Aralex share price up to $19.00 as early as the end of this year.
I would be a seller there (maybe another 15%) and then hold the rest for at least a year or two. Adams has a history of quadrupling his share prices and then being bought out by major global pharma's. It appears this is a recurring (roughly) 24 - 30 month cycle between starting a pharma and being bought out. I am very very impressed with Adam's track record and thus will hold about 70% of my investment for around 24 - 30 months all-in.
This is my thinking.
Wishing you all success...