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Newstrike Brands Ltd NWKRF

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."


OTCPK:NWKRF - Post by User

Comment by Edcandoon Mar 05, 2018 7:33pm
113 Views
Post# 27664641

RE:RE:RE:RE:Warrant HIP.WT Basic Info

RE:RE:RE:RE:Warrant HIP.WT Basic InfoThe way I now understand it, a warrant will be issued with a "strike price" ( a set exercisable price at a preset limit). In this case I understand it's $1.75 and good till 2020. So you buy a warrant if you feel the price will be higher than $1.75 ( plus whatever you paid for the warrant) at some point in next few years. If so you then trade the warrant in and receive a share . The only thing I'm not sure about is if these warrants equal rights to one full share or a portion .  I'm guessing full or else it would be called a "half warrant". 
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