CannaRoyalty Corp C.CRZ

Good Heavens, look at our warrants!

[Druckenmiller]

:)

[numbersguycdn]

And the funny thing is ...... there is no premium priced into them right now. If there were the requisite time value premium as well just think where they should be.  Fyi check out canadianwarrants dot com and they crunch the numbers on what fair market value should be based on this time value.  Not 100% given complexities of markets but .... :)

[BiggLebowski]

The no premium on the warrants is because they will be called in if the stock price stays over $8.00 for 15 days. The time value is basically 0.

[Druckenmiller]

Do they have to be called?

[numbersguycdn]

They can be called but they do not have it be called.  There is no advantage to Crz to call them .... they get $5.50 regardless.  Depends on if Crz wants/needs the cash and wants to force redemption.

[BiggLebowski]

They will 100% be accelerated. It  just happened with the prevoius set of warrants, all the terms of the acceleration have already been laid out. It's not a maybe. Having said that there is still lots of time before this will happen. 15 Trading days over 8.00 plus whatever time they give to to convert them. Warrants will still outperform the stock in percentage gained as they should match

[Mattheus]

Believe it's 21 days from date they give notice of activating acceleration 

[numbersguycdn]

You are correct ... The Warrants will be available to trade under the ticker CRZ.WT. In the event that the volume-weighted average trading price of the Common Shares exceeds $8.00 for 15 concurrent trading days (the "Acceleration Trigger") following the closing date of the Offering, the Company is entitled to accelerate the exercise period of the Warrants to a period ending

[Ventoux]

Even with today's $8.25 closing price the VWAP, according to TMX.com was $7.699 per share, so the clock has not even started to tick.  GLTA.

[Ventoux]

$7.7699 per share. Bad typing.

[Ventoux]

Good observation Bigg.You are preaching to the choir. I bot stock in the mid $4's, then  swapped it simultaneously (I was very fortunate as there was a nice offeirng of warrants on the board and a good bid for the stock) for twice as many warrants when the stock traded around $7, at a 13 cent per warrant premium (I think there may have been some confusion as to which warrants were being