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Bullboard - Stock Discussion Forum High Tide Inc V.HITI

Alternate Symbol(s):  HITI

High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Company’s United States and international... see more

TSXV:HITI - Post Discussion

High Tide Inc > Warrants
View:
Post by ThunderLips1 on Jan 20, 2021 3:38pm

Warrants

Why aren't they keeping up with Sp
Comment by AlwaysHigh on Jan 20, 2021 3:53pm
Warrants are in the money, but at 0.13, they require a future sp of 0.48 to be worth that. Of course, high tide will get there and beyond before the expiry, but it's still riskier than buying actual shares. As the price goes up and sentiment improves, warrants will go up also.
Comment by ProStreet340 on Jan 20, 2021 4:47pm
I think you are smoking way too much pot dude !!! What are you talking about $0.48/share??? The in the money starts at $0.35/warrannt, thats the "Exercise" price... Stock price is $0.44/share, that makes them worth $0.09/warrant, plus a premium of $0.06/warrant = $0.15/warrant.  Now, there is 2 years of growth left so I don't know why the premium is only $0.06 ...more  
Comment by AlwaysHigh on Jan 20, 2021 4:55pm
You don't need to be rude. When I answered, the warrant price was 0.13 and with a strike price of 0.35, it has an implied share price of 0.48 to be worth the premium applied if exercised (at the time I wrote the comment). I'm well aware of what the strike price is, the fact that you can get warrants cheaper than shares, etc. No need to be aggressive.
Comment by ProStreet340 on Jan 20, 2021 5:02pm
Dear High, I apologise if you took offense !!! Most of that was actually done in jest with humour not with malice. So if you took it as offensive - read line 2 again (lol) Have a great day/evening and lets just make $$$$ PS340
Comment by AlwaysHigh on Jan 20, 2021 5:20pm
Sorry to be defensive. I have shares and warrants so I'm having a great week/year so far too. I'm riding this stock all the way!
Comment by SpeedJ581 on Jan 20, 2021 6:35pm
The problem is we have no bashers on the site so we have to fight amongst ourselves.   Lol I also have a nice mixture of warrants and stocks but went closer to 50/50. In quantity, not dollar value. 
Comment by OILGENIE on Jan 20, 2021 7:13pm
where do find your waarnats all I see is how many shares i got
Comment by SpeedJ581 on Jan 20, 2021 7:54pm
  You purchase them separately just like you do shares. V.HITI.W    
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