Newstrike Brands Ltd NWKRF

RE:RE:RE:Warrants are a good deal

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If you buy 100,000 warrants at 0.16 which cost you only 16,000 while stocks cost you 127,000.
If you exercise the warrants when sp trades above 2.60 for 10 consecutive days, which could result 260,000-16,000 warrant cost, you walk away with 244,000 profit. If warrants trades at 0.85 when sp at 2.60 as you have mentioned which is completely wrong assumption because selling 0.85 warrants result into profit of 69,000 only (0.85*100,000shares) 85,000-16,000 warrant cost. Exercising warrants makes more sense if that happens or warrants must trade between 2-3 not at 0.85