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Bullboard - Stock Discussion Forum Greenlane Renewables Inc T.GRN

Alternate Symbol(s):  GRNWF

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and... see more

TSX:GRN - Post Discussion

Greenlane Renewables Inc > Broke past $2.00!
View:
Post by ronster65 on Dec 23, 2020 11:04am

Broke past $2.00!

This stock is doing exactly what XBC did this time last year. Just like clockwork. AMAZING!
Comment by retiredcf on Dec 23, 2020 11:41am
And XBC is still moving along nicely as it again nears its 52 week high. But its volume is only a fraction of GRN's which has some catching up to do. GLTA
Comment by ace1mccoy on Dec 23, 2020 12:58pm
Gotta say RetiredCF , I'm glad I followed your lead on the GRN.Wts . I'm going to let the wts run for a few more months before doing something. Not sure when before June I should act . I still have quite a position on the stock that I may think about trimming for portfolio management purposes. But i'm long and strong on both XBC and GRN. Thumbs up to you RetiredCF!
Comment by retiredcf on Dec 23, 2020 1:18pm
Thanks Ace. At this point, there's no time value being assigned so the wts are simply moving in lockstep with the stock. Some investors may sell off a portion of their wts to raise sufficient cash to cover the cost of exercising them into common stock (the strike price). I may just exercise them all as we close in on the expiry date in June. And while there will certainly be down days, like ...more  
Comment by kentucky77 on Dec 24, 2020 7:39am
Question for retiredcf or the BB: What is the process to exercise GRN warrants?  All my holdings are in TD Webroker accounts and I cannot find the path. Thank you in advance.
Comment by retiredcf on Dec 25, 2020 11:49am
  You can exercise the wts anytime before the expiry date of 3 June 2021. Phone the TD trading desk and tell the broker that you want to exercise your wts. The process takes a couple of days (possibly a bit longer because of the holidays). Essentially you are surrendering your wts, paying the strike price, and then receiving shares in return. So if you have 10000 wts, they will be ...more  
Comment by kentucky77 on Dec 26, 2020 1:10pm
Many thanks retiredcf... I too am in for the long haul.  All the best for Covid free, prosperous New Year!
Comment by retiredcf on Dec 26, 2020 2:44pm
My pleasure kentucky77. And a year from now, we will be discussing how well our GRN shares have done (after we have exercised our wts). Happy New Year. 
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