Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis

"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."

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Newstrike Brands Ltd > Warrants MAY start to move

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Comment by quinlashon Apr 22, 2019 1:33pm

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Post# 29655248

RE:RE:Warrants MAY start to move

Agreed. I wouldn't mind picking up more at these prices and averaging down myself but I'm already up to my eyeballs in warrants and my mix of shares to warrants is at max so I'm done. Should have waited but you never know with the market which way a price may go. I'm holding with the expectation that they will recover nicely as HEXO rises.

thebiz wrote: The last time HIP traded at 0.57 the A warrants were in flux between 0.165 and 0.17

Currently the A's are sitting at 0.13

Just sayin' I don't think they will be like this for very much longer. gonna try to grab some while I can at this low price cause IMO they are a steal.

quinlash wrote: With Motley Fool promoting HEXO we may start to see more interest in HIP, especially while we are trading at a discount to HEXO.

With more investors starting to review the two companies I would not be too surprised to see some activity start up on the warrants. It is unlikely they will continue to trade at such a discount from where they were pre-HEXO offer.

JMHO