Speculation :
- Diageo wants to see the sales 2nd Q of Aphria (after legal pot day October 17)
- Diageo deal could be made BEFORE NYSE trades by October 31
- Diageo deal could be announced AFTER Nov 2 general meeting
So what could a deal look like for investors?
Typically deals are made on an the average daily closing price over a period 15-30 days
then of course the public tends to drive the price MUCH higher based on a speculation of a 2nd bidder.
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| October 2018 | 30% | 50% | 75% |
| Date | Close | Close | Close |
| 2018-10-01 | $17.76 | $17.76 | $17.76 |
| 2018-10-02 | $16.02 | $16.02 | $16.02 |
| 2018-10-03 | $16.95 | $16.95 | $16.95 |
| 2018-10-04 | $16.41 | $16.41 | $16.41 |
| 2018-10-05 | $16.31 | $16.31 | $16.31 |
| 2018-10-09 | $17.42 | $17.42 | $17.42 |
| 2018-10-10 | $20.06 | $20.06 | $20.06 |
| 2018-10-11 | $19.70 | $19.70 | $19.70 |
| 2018-10-12 | $19.08 | $19.08 | $19.08 |
| 2018-10-15 | $19.90 | $19.90 | $19.90 |
| 2018-10-16 | $18.69 | $18.69 | $18.69 |
| 2018-10-17 | $19.40 | $19.40 | $19.40 |
| 2018-10-18 | $19.45 | $19.45 | $19.45 |
| Average October | $18.24 | $18.24 | $18.24 |
| Diageo Premium | $5.47 | $9.12 | $13.68 |
| Buyer Share Cost | $23.72 | $27.36 | $31.92 |
| Shares Issued | 248,279,078 | 248,279,078 | 248,279,078 |
| Deal Value | $5,887,938,334.77 | $6,793,775,001.66 | $7,926,070,835.27 |
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