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Bullboard - Stock Discussion Forum 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 Discussion

Newstrike Brands Ltd > warrant and stock price.
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Post by buddy12canadian on Mar 06, 2018 10:21pm

warrant and stock price.

I think if the warrant is around .80 to .1 than the stock should be around 3. give or take.  if the stock gets bought out than there should be notice and time to sell the warrant. just like cannimed did with hip and its suitor before shareholders vote.  i would think that hip would not sell for anything under 1.75 especially considering the price of the last pp and also they have a cash hoard,, around 103 million give or take if i am correct,  they are not hurting but diluting only.  not too bad  there is a new weed college in niagara area and  hip will be a going concern, just be patiant buy the warrant or the stock although you will make more on the warrant first and well, to buy the stock
Comment by hossain499 on Mar 06, 2018 10:32pm
HIP.WT Price = HIP Price - $1.75                      (assuming no time value) If HIP=$3.0 HIP.WT = $3.0 - $1.75              = $1.25  So if HIP trades at $3.0, the HIP.WT should be trading at $1.25. But keep in mind, if HIP trades over $2.60 for 10 consecutive dayes, management has the right to call ...more  
Comment by Weedzilla on Mar 06, 2018 10:32pm
Hip is so cash positive right now. $$$
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