OTCPK:NWKRF - Post by User
Comment by
Ineedmoneyxxxon Sep 16, 2018 2:31am
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
317 Views
Post# 28627856
RE:Realistic prices for HIP, HIP.WT.A and HIP.WT by OCT 19,2018
RE:Realistic prices for HIP, HIP.WT.A and HIP.WT by OCT 19,2018HipForLife wrote: Since the last acquisition for LEAF was 3.2 billion dollars
And the last investment by Constellation was 5 billion for only 25% of Canopy (on a dilutive shares added deal).
I highly doubt HIP would accept a deal for less than a $2 billion market cap.
Fully diluted we would still have less than 600 million shares outstanding.
$2,000,000,000 ÷ 600,000,000 shares =3.33$ per share.
Warrants would be converted at this price (since there would no longer be time value), which would mean $2.33 for the HIP.WT.A and $1.58 for the HIP.WT warrants.
So huge money is possible with both warrants already trading at more than a 50% discount to current share price of HIP
I assume the valuation would be higher though, especially if HIP price drives up significantly, ahead of OCT 17 (also anniversary of Gord Downie’s death).
I honestly believe HIP could run up to 5$ by Oct 19, which would be roughly a 3 billion dollar market cap, in a sector that has multiple companies with over 5 billion dollar market caps, I think this is attainable.
You do the math on what the warrants would be worth at that point!
making me a believer boss, looking forward to the sit down