OTCPK:NWKRF - Post by User
Post by
hossain499on May 18, 2018 12:14am
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Post# 28050506
Impact of Consolidation on HIP.WT
Impact of Consolidation on HIP.WT I am not sure about the reverse split of HIP but saw several posts. The impact of reverse split on warrant is way more severe than common share. Here is the potential impacts on HIP.WT:
Say you own 10,000 HIP.WT and Reverse splits: 10 to 1
Pre-consilidation Excercise Price = $1.75
Post-consolidation Excercise Price = $1.75 x 10 = $17.5
Number of HIP.WT after Consolidation = 10,000/10 = 1000
Expiry date remain same.