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Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"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

Newstrike Brands Ltd > Warrants
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Comment by Ginger83on Mar 21, 2018 11:10pm
87 Views
Post# 27758510

RE:RE:RE:Warrants

RE:RE:RE:WarrantsGlad to help Tucan!
small note on your expectations, these warrants by nature would never be worth more than 0,85$ as excercising them will cost you 1,75$ to buy the stock.  Since they would force the excercise at 2,60$, minus 1,75$, hence a maximum price of 0,85$ unless one exception I won’t explain that would actually only last 10 days anyway...
so bassically, whatever happens, your upside will be in between the price you paid and that theoretical maximum warrant price.
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