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Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."


OTCPK:NWKRF - Post by User

Newstrike Brands Ltd > CMED to HIP Ratio
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Comment by funtimeson Dec 14, 2017 2:41pm
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Post# 27158422

RE:RE:CMED to HIP Ratio

RE:RE:CMED to HIP RatioJust bought some HIP the other day before realizing the premium. Not sure I like it very much because 1 HIP can never be worth more than .033 CMED.  CMED is currently 19.54 (took a bit of a hit so far today) so that works out to .64 cents.  Yeah that is a bit of a premium, not much. You could make 4$ on a $1000 investment, borring.  Even worse if CMED takes too big of a hit, we could lose money on a takeover.  I think they need to UP the premium.
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