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Newstrike Brands Ltd NWKRF

"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

Comment by Deepsnacon Mar 07, 2018 4:24pm
90 Views
Post# 27678519

RE:RE:RE:RE:RE:Warants?

RE:RE:RE:RE:RE:Warants?

Apologies, my math is backwards. Assuming you exercise the warrant when the share is $3.00 your cost would be the cost of the share ($1.75) plus what you have already paid for the warrant ($0.15). In your case this means the shares will cost you $1.90 ($1.75 + $0.15). That means you would be buying shares at a discount of $1.10 per share. If you immediately traded that share the $1.10 is your profit. 
 

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