OTCPK:NWKRF - Post by User
Comment by
MisterMontrealon Mar 13, 2019 9:54am
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Post# 29477867
RE:Warrants
RE:WarrantsIf the warrants go to .005, using my example of 10 000 warrants... It will cost you $50 to buy 10 000 HIP warrants, plus $1 to convert each warrant, so $10 050 to get 633 HEXO shares anytime between now and 2023. You'll need HEXO shares to go to $15.90 to even start to look at making a profit... but, it could be attractive to think about if you think Hexo will get into the $20 or $30 range in the next few years. Could still be an interesting play for very low exposure.
I just checked, HEXO warrants with a 2020 expiration and a $5.60 strike point are currently trading at $2.59.
Not sure how I feel for the future, but I had my sell order executed for my HIP warrants at 09:31 this morning.