OTCPK:NWKRF - Post by User
Comment by
quinlashon May 01, 2019 11:32am
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Post# 29695080
RE:A Warrants
RE:A Warrants Hey SKL, I wouldn't worry too much about the current price of the warrants. If you do your own DD and you have determined that a stock, warrant, etc is trading undervalue it just means its a buying opportunity, just be happy that your research isn't showing the price of the warrants being OVER what you paid ;)
The challenge with any of this is determing WHEN the price will rise. I picked up the A-warrants with the expectation that they will hit strikeprice within 2 years and the additional time left of them is just a safety net in case it takes longer. As the SP rises there will be more interest in the warrants and the price will go up.
One other thing to keep in mind when looking at the warrant price is the LEVEL 2 report on them. If you look over the report you can see there is only about $25,000 worth of A-Warrants availabe below .225, that is really nothing when it comes to investing. Even one investor could take that whole block of A-Warrants in one buy so don't be surprised if the A-Warrants jump back up to the .22 range here in the coming days.
Hope that helps
Q
Level 2 Quote
Level two quotes - Bid | Number of Shares | Bid Price |
| 100,000 shares | 100,000 | 0.200 |
| 64,500 shares | 64,500 | 0.185 |
| 76,000 shares | 76,000 | 0.180 |
| 10,000 shares | 10,000 | 0.175 |
| 235,000 shares | 235,000 | 0.170 |
| 12,000 shares | 12,000 | 0.165 |
| 210,000 shares | 210,000 | 0.160 |
| 37,000 shares | 37,000 | 0.155 |
| 110,000 shares | 110,000 | 0.150 |
| 137,000 shares | 137,000 | 0.145 |
Level two quotes - Ask | Ask Price | Number of Shares |
| 0.205 | 10,000 | 10,000 shares |
| 0.210 | 5,000 | 5,000 shares |
| 0.215 | 24,500 | 24,500 shares |
| 0.220 | 85,500 | 85,500 shares |
| 0.225 | 973,000 | 973,000 shares |
| 0.230 | 20,000 | 20,000 shares |
| 0.240 | 70,000 | 70,000 shares |
| 0.250 | 6,000 | 6,000 shares |
| 0.255 | 5,000 | 5,000 shares |
| 0.260 | 50,000 | 50,000 shares |
SKL6600 wrote: I know Canadian warrants are usually not great a predicting warrant prices but it’s a guideline at the very least. Has
the A warrants valued at 31 cents at current SP. Today someone is willing to give them away for .18 cents. HEXO is up pre market now that the flooding warning has been debunked. Hopefully Curaleaf deal creates a nice green day for the MJ sector. GLTA.