Newstrike Brands Ltd NWKRF

If HEXO hits $20 before finalizing the agreement

[samforhip]

What is the HIP.WT price will be in case hip reaches $1 ? Will they be around $0.15 ?

[goldman777]

not sure, there is a warrant calculator that some guys like to use. The clock is ticking on the originals and you need to see HIP @ an equivalent of $1.75 to break even on them. HEXO needs to be @ $28....28 x .063 = $1.76 - Tough sledding but doable. As the expiry draws closer most will cut their losses and sell. For HIP to be $1.00 HEXO needs to be $16.00 - might happen in short order, might not.

[Tucan12]

Yeah for sure but you can sell them at anytime and take some profit.

[goldman777]

YES - but as next Feb. draws closer and if HEXO isn`t anywhere around $28 the rush to the exits will be brisk - greed always slaughters so one must be careful with the originals - IMHO

[Tucan12]

I have alot so I have no choice but too hope. You know they do need these extra 60,000000 warrants to turn into shares so maybe they have something up their sleeves. Hexo said they need to spend 5 billion in the next few years.

[Tucan12]

Or raise not sure, heard something like that.

[flyboy27]

-----Original warrant have been very popular for the simple leverage..and low cost..  If Hexo pops to $14-$16   there low cost will disappear .. That leverage can go against you,   but cant wait till list on NYSE.  low cost Hexo warrant will be popular.  for me its worth the risk now.