OTCPK:NWKRF - Post by User
Post by
goldman777on Jul 20, 2018 2:38pm
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Post# 28345982
WARRANTS
WARRANTSOkay, so I know a lot of talk has gone into this but...so the last PP was 69 million shares @ 75 cents for $52 million bucks and they came with an attached warrant which basically is equal to 1/2 of one common share, so the warrant was originally a 37 cent value and could if exercised represent another 35 million shares to the float with a year window. So at 9 cents are these things not a screaming deal if your long this stock...if the common share price goes up, the warrants will follow. A share price over 75 cents will put the warrants above 40 cents...seems like a table pounding buy.