Newstrike Brands Ltd NWKRF

WT.As = USELESS

[LEGALIZEIT]

If all goes through and you end up exercising them Hexo would need to skyrocket to make some cash....Hexo at 20$ gives you .30/WT profit

[mozzarella]

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[silkroad007]

$1.75 strike price divided by 0.06332 = $27.64 adjusted strike price.   Long shot but if it does go to $30 or so as an example the original HIP warrants would be worth ($30.00 - $27.64) = $2.36.  Not bad return on .025 curently. The only thing USELESS is your math kid. 

[mozzarella]

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[mozzarella]

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[cheapbuffet]

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[mcstocksky]

It may be a good return but it is on way less number of warrants. If you had 10,000 hip warrants to start with then you end up with only 632 Hexo warrants times a good return even at $2 only leaves $1264 total profit. Not worth the wait for that I’m thinking. 

[silkroad007]

In your example 10,000 HIP A  warrants would only cost you $1,400 so a return of $1264 is basically 100%.  All depends how much you invested.  It's about % not dollars. 

[silkroad007]

Ah I see you said A's not originals.  Math is still wrong but hey.. $1.00 / .06332 = $15.79 $20 HEXO price leaves the warrants at $4.21 Take current price of .14 /0.06332 = $2.21 Still a double.