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Auxly Cannabis Group Inc T.XLY

Alternate Symbol(s):  CBWTF

Auxly Cannabis Group Inc. is a Canada-based consumer packaged goods company in the cannabis products market. The Company is focused on developing, manufacturing and distributing branded cannabis products. Its brands include Parcel, Back Forty, Foray, Dosecann and Kolab Project. It provides various products, including vaporizers, edibles, dried flowers, pre-rolls, capsules and oils and concentrates. The Company also conducts wholesale bulk sales of dried cannabis to various licensed producers in Canada. Its subsidiaries include Auxly Charlottetown Inc., Auxly Ottawa Inc., and Auxly Leamington Inc. The Company’s primary Cannabis 2.0 Product development, manufacturing and R&D activities are conducted by its subsidiary Auxly Charlottetown Inc. at a cannabis processing facility located in Charlottetown, Prince Edward Island. Auxly Ottawa Inc. holds licenses for cultivation and processing and conducts the Company’s primary dried flower and pre-roll manufacturing.


TSX:XLY - Post by User

Bullboard Posts
Comment by blueboyon Dec 26, 2017 10:21pm
247 Views
Post# 27228247

RE:RE:RE:play cheeper

RE:RE:RE:play cheeperAgreed.  With that forced excercise clause, the current value of the warrants, and the 'useful' maximum value of the warrants being about 0.45, I don't see any value in them.  That is why I bought the shares themselves...

BB



gkmackdadzzz1 wrote:
blueboy wrote: Yes, but if you look at the conditions of the warrants, they have a FORCED conversion, if there are 10 straight trading days over $2.00 so there is a limit to how much you can make on the warrants (unless they REALLY go up during those ten days, of course).  Also, when the clock starts ticking on these ten days, the ACTUAL value of the warrants will only be 0.50 (the difference between the $2 share price at that time and the $1.50 strike price of the warrants.  If you do the math, the warrants won't gain 0.01 for every 0.01 the stock gains like it did in the old days.  The warrants will only be actually worth 0.50 when the share price hits $2, so it makes no sense they would trade above that.

It isn't like the old days when the warrants traded until they expired and they traded many times over into the money.  You will be forced to exercise these warrants long before that.  I did the math and concluded that the actual shares were the better investment....

BB


dooklar wrote: CBW.WT still trading at/around 0.37-0.39c expire on june 29 2019 with exercise price @ $1.50 

 


"May" is an operative word in that literature. If you bought at .4 cents with an exercise of 1.50 you're in the money. Nevertheless, with that stipulation and life left with 1.50 exercise, .40cents is too much to pay for the warrant in my opinion. Paying anything more than .49c is hoping they're not called before that.


Bullboard Posts