PINL:GRPOF - Post by User
Comment by
Pumper4Lifeon Jun 01, 2018 11:30am
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Post# 28111446
RE:RE:RE:RE:RE:RE:RE:RE:RE:no action in the warrants yet
RE:RE:RE:RE:RE:RE:RE:RE:RE:no action in the warrants yetLoL , hip and hvt , funny guy Mack!! There’s a few reasons why they are trading at 1/6, I hope you dont have any shares of those two
gkmackdadzzz1 wrote: what are you basing that off? That's not true at all. Warrants based on life and expiry date, which are always different based on the arrangement so you 1/3 to 1/4 does not broadly apply.
hip wt trade at 0.9 cents with SP at 0.64c (pretty inline with today's SP here)
hvt wt trade at 0.12 cents with SP at 0.74c.
that is not 1/3 nor 1/4.
Pumper4Life wrote: Warrants normally trade around 1/3 or 1/4 , currently trading below 1/5 tbp sp
Pumper4Life wrote: Currently trading at .125, this means if you hold and the price of tbp shares climb to over 1.43, you are in the money
also, warrants will trade mostly in sync with tbp, so if tbp goes up 20% you will see the warrants go up too ( look at what happened to ogi warrants recently)
keep in mind these are expiring 2021, so this provides extra value since they aren’t expiring anytime soon
CookeMonster wrote: The current price is .13/.19. You think it will drop to .03?
Thanks