RE:Own it, don't trade itLOL Tilray is not a good company. Poor revenue, posts net losses every Q, a ton of debt (500M). You literally lose shares in this deal as it;s .83:1, but if you own CDN Aphria shares it's even lower.
Only way this will be good for Aphria holders is if Tilray hits $15-20USD.
IrishCanuck wrote: Everyone on this board has been saying Aphria was the best stock because we're profitable and have the largest market share... Now we combine to be the largest company in the world, acquire top notch 2.0 and CBD portfolio, expand into the US and Europe to compliment our strengths, and now the world has flipped on its head?
Every weakness Aphria had has been solidified by Tilray... People complain about Aphria being undervalued, well guess what, Tilray is also undervalued
You're complaining about stock conversion and 0.8381 to 1.00 conversions like it's insulting as an Aphria shareholder... You're missing the point of shares. They're not meant to be dollar for dollar, they are percentages of a company you own. This is a fantastic deal.