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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 silkroad007on Mar 28, 2018 3:35pm
69 Views
Post# 27797423

RE:RE:RE:dow jones up 200 points

RE:RE:RE:dow jones up 200 pointsdo you understand how valuations work or do you think a lower price means a les svaluable market cap?  If HIP was $3 is would be a 1.5B company, thats how things work.  Sp x shares equals market Cap.  

Boggles me how many people on here and even people I know still thing a lower SP means a cheaper company period.  Same goes for your analysis on warants.  There are more factors than just price.

GangstersPardis wrote:
or when are they done robbing us?? hip is still undervalued, with over a half BILLION market cap we should be trading close to $3, plus the warrants are very undervalued, compare them to others like namastes warrants are trading at .50cents and the stock is at 1.70 excersise price is 3.15 so they need 1.45 to go, we got 70 to go and our warrants are tading at less then a third of theirs


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