RE:Does anyone know the answer to these questions ?It's .838:1 no matter what happens. Aphria and Tilray will trade together. Basically if you want to know what Aphria should be at... it's .838 of Tilray's SP. IF Tilray is at $13 Aphria will be at around 10.89 USD. (13 x .838).
StockDoc60 wrote: 1.Stock Closing prices Dec15th :
Aph(tsx) == 10.32. Cad
Tilray (nasdaq) == 7.87 usd/ (aprox 10.00 cad@1.27 rate )
so both stocks were almost the same price at the end of the day . If this is so why do we get a .83 exchange rate on tilray share and not closer to 1 to 1? It seems like we lost 17% ?
what am I missing here ?
2. Assuming the .83 rate is what we get and two investors hold a 1000 Aphria shares each .
investor A has 1000 on nasdaq and investor B has 1000 on tsx.
Do both investors end up with rhe same number of Tilray shares . 830 shares in usd ?
3. Today Tilray trading is much much stronger than Aphria on tsx ( where I hold my shares )
Supposev this continues and Tilray goes to 15 usd and Aph goes to 7cad .
Do I still get the same number of Tilray shares at the close of the deal even though the Aph share value has declined . If that is so , isn't it better to accumulate tilray via Aphria shares ?.
thanks in advance