RE:RE:RE:SharesAPHA is buying TLRY. In order to buy a company out you need to offer a premium.
Since APHA has decided after the merger they will use the name Tilray and the ticker TLRY the premium is a reversed premium. That is why.
APHA is currently trading at a $2.91 USD DISCOUNT to TLRY after the 0.8381 haircut.
Any net new buyers with a calclator are buying APHA.
Av8r777 wrote: So why will APHA end up with fewer shares.