Newstrike Brands Ltd NWKRF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Hip.wt Warrants

[JJECYYZ]

HIP SP already have to triple or double (depending on your warrant) now even if there was no deal so we can get some movement on our warrants.
The percentage increase required of each Either HIP or HEXO to reach the strike price will be about the same when the deal is done.

The math and mechanics will all work out...
You will still own hip.wt and or hip.wt.a. They will adjust the trading price at the time of deal and strike price. You can still trade these shares.  Hip.wt strike will be : $1.75/0.06332=$27.64 and HIP.wt.a will be $1.00/0.06332=$15.79 :::they will apply the same conversion math to the warrant SP at the time of transaction. Example old warrants ...say on the day of the deal are $0.03. $0.03/0.06332=$0.474
math for the new....same.

You still own the same number of warrants, but if they are to be exersised the conversion will apply.



So now you need HEXO to move very closer to or past each strike price before the expiry for them to have value.

Personally I think with this deal and having Molson .....there is small chance HEXO can hit $30 before February 2020 (old warrants expire) but not likley.

And very very likely HEXO could hit over $16 (double) well before new warrant expire. Load me up.


Also believe there was/is a very good chance HIP wouldn’t have hit either strike price if the stayed on their own

bottom line, anyone stuck in Warrants needs HEXO SP to move and fast toward $30+. You never know those old warrants would go nutty high if Hexo could pull off $30+ before Feb next year. but likley the will be dead money and expire worthless.

You will just need to take your book cost and do the math to figure it out. We need the final circular with the final numbers to confirm but....

Book Cost per warrant + Strike Price = HEXO price you wanna see before expiry of your warrant depending on what you have...... simple.

Need HEXO to run run run run before the deal is done.
 
Hexo at $10 at time of deal - you could have HIP shares with Avg share price up to $0.6332 and you'd break even at time of deal.....once it resumes trading who knows....

HEXO at $15 X 0.06332 = $0.95 - now you could have HIP shares with AVg share price of $0.95 and you'd break even at the moment the deal is done.

obviously if your Avg was much lower in these examples you'd be in the money if your avg. was lower....