Therapix Biosciences Ltd ADR TRPX

RE:RE:RE:RE:RE:Some tax loss selling?

[Fundy13]

Really odd takeover.  I am not sure how the company is saying they are paying $11 per share when their share price is about $5 and they are offering 1.5 something shares for each Aphria share, that is about $7.50 or $8 by my math.
But I do believe that meger and aquisition will be the next stage in the sector. 
Tobaco, Alchoal and other large food and beverage companies that are worth hundreads of billions of dollars willl all be looking for a piece of the industry as well as big pharma.  So far investment has come at a nice premium to SP for those companies who have recieved investment and I expect that trend to continue.  Large companies tend to be happy to let the start ups assume the upfront risks and come in when things are more advanced and stable.  But they also do not want to fall behind their cometitors that have already made investments so I expect the next 6-12 months to be full of activity.