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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

Post by Billybobmoneyon Mar 13, 2019 8:12am
159 Views
Post# 29477229

Share price Hexo VS Hip

Share price Hexo VS HipSo not great news but there is still a chance to get a premium on our stock if hexo runs up. If my math is correct we can get more money for our share the better hexo does before this deal closes.

at the current stock price of Hexo we would only be getting roughly 0.47 cent per share
0.06332x 7.40 = 0.4685

Now if hexo has a nice run and moves to $12 we would be getting 0.7598 per share not amazing but better.

0.06332x 12= 0.7598

If I am wrong on my math please let me know because I sure would like this to be worth more, I personally have a low buy-in avg so the deal works for me its not amazing though.

all the best chin up!
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