Tilray Brands Inc TLRY

To Cane and all others:

[Vinny57]

There seems to be a lot of confusion over the price conversion. You have NOT lost 15, 20, 25% of your holdings. I will try to explain. The reason you have "taken a haircut" is because the share value in the newly merged company has dropped lately (along with the whole MJ sector)

At closing on May 4th Tilray US shares closed at about $16 (US) or about $19.44 Canadian
If you take that number ($19.44) and multiply it .8381 you get $16.30 Canadian.

Follow me so far?

Now, at closing on May 4th, Aphria closed at $16.48. So the difference is only about 1%.
Yes, you have fewer shares now but when they converted, they converted to a much higher price. The price has since dropped (along with the sector). If you still held you APHA shares today, they would be trading in the $15 - $16 range and not the $19- $20 range we have today.

My exact numbers may be off a tad, but they are close enough for this purpose.

I hope this clears things up and helps those who believe they have been hoodwinked.

[CaneIsAbel]

Thanks for the explanation.  It's just I was under the impression like many others we would get .83 of US shares. Thanks for the clear up 

[biggerr]

damnit, bought at the top today, already underwater. Hopefully keeps rising next week

[youngandold]

Vinny you are correct. Another factor that came into play is that the Canadian dollar gain approx 5 cents on the American dollar in the last couple of weeks. Therefore the exchange was a little less from what I had anticipate. Long and holding for better days

[Alleycat7]

I'm with TD and just looked at the conversion from my Canadian Aphria to Tlry. The $ amount was exactly the same but my 500 shares turned into 419 Canadian Tilray shares. Thus the conversion rate of .83 and change. 

[optimi$tic]

  that is aaaaabsolutely correct. HOWEVER did u compare the proportionate pre-converted holding price to the last price pre-merger???

[Paray99]

  I really don't understand what you all guys are complicated with. Whatever cash was there in the Apha is closed and the same amount is now showing as the book cost... no loss, no gain.... brush up your math....  

[optimi$tic]

NO ONE truly invests with the consideration of the FX factor. Thats like counting on the winning field goal point or OT killer to always come out on top. If its truly a good thing you neednt have to rely on that    

[NorthOntKid]

Spoken like a true shorter. TLRY is up 40 cents US in after hours trading. What say you now?