Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer

NDAQ:APHA - Post by User

Aphria Inc.

Bullboard Posts

Comment by kingbearon Jan 07, 2019 7:33pm

69 Views

Post# 29197714

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:From the prof

Not sure about 3:1. What if Tilray falls to $30 after the lock-up? that would be equivalent to a $10 buyout, I'll pass. Who knows how hard Tilray will fall after the shares become free trading.

Avatarhash wrote: They have close to 94 million shares and we have 260. So if we get 3:1 offer that is 48 aphria and 52 percent Tilray of the new entity. I think Tilray always had higher market cap than us so the deal seems fair.

jayjay2020 wrote:

Avatarhash wrote: I would be happy with 3:1 as well. Because it would create clear number 1 by distance..

INVSTIGAT0R wrote:
Based on fundamentals I value Tilray way below it's current share price. I think it needs to shed about 50% after the lockup period expires. So in a 3:1 conversion scenario while it may look like $24 per share what I see is $12. Still, I wouldn't mind if this happens because we'd be #1 in the industry. I'm fine with the prospects of the combined entity.

isn't TLRY issuing a bunch of shares on Jan 15?