HEXO mathOk, here is some math for you abecedarians...along with some facts.
HEXO warrants as of closing yesterday: $1.59 cdn. Hexo warrants on April 29th 2019: $5.49 cdn
HEXO stock as of closing yesterday: $5.81 cdn. HEXO stock on April 29th 2019: $11.11 cdn
Say you buy a HEXO warrant at $1.59
When that warrant triples in price, it will be trading at $4.77.
Not so hard to believe considering the company is better in every possible way since then, and they are about to remind us all when they announce Q4.
You could always just sit back and watch from the sidelines and wish that you had bought at these prices. That would be the "safe" thing to do.
I think that we sitting at the ground level of a big upswing, and we will see $14 cdn before 2020.