OTCPK:NWKRF - Post by User
Comment by
silkroad007on Jun 13, 2018 4:18pm
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Post# 28168004
RE:New warrants will be issued soon pending approval.
RE:New warrants will be issued soon pending approval.Did you factor in the fact the latest "unit" offering was for 0.5 of a share? Not a full share as the previous warrants?
321Blastoff wrote: When the new warrants are issued, and this should be soon once approved, they will likely undermine the value of the current warrants as the shelf life alone is a much better ceiling to work with. If the warrant price is around .38 cents upon issue then the two issues will be essentially equal in value when it comes to purchasing a common share. I will be curious to see what value they are issued at and where the value of the current warrants end up as a result. I am guessing @.15 cents. If this is the case then the old warrants will lose value until the new ones are pushed up to a price above @.38 cents at which point I guess things will stabilize.
The latest deal is almost done and then I would imagine within a week or so ,again pending approval, these new warrants will hit the market. Check out the prospectus on SEDAR so you know all of the details.
Good luck.