Newstrike Brands Ltd NWKRF

HIP warrants Explanation Request

[monarka]

Good day to all 

if I bough warrants today lets say at 0.17 and the go to 0.50 in the near future 
Can I sell them as warrants and make the 0.33 profit like stock ..

if not 

How and when do I trade them for stock ? Im very confused about this and Ive been reading but its not sincking in my head..

I usually trade with RBC and I do it on line ...

thank you for your comments

[Litemupp]

Monarka, yes i as well trade on RBC. Look up the ticker HIP.wt and buy the warrant just like you would any other stock. You could sell it whenever you wished just like any other stock. Holding it over a period of time is recommended given the low low price rite now. In the future, once the strike price of $1.75 is hit on the actual HIP stock, you have an option to convert your warrant by buying

[monarka]

Litemupp Im guessing I would need to call RBC to trade my warrants for stock ?  and If I would trade the warrents for stock at 1.75 this means that I would have paif 0.17 for the warrants so say 10,000 warrants would be 10,000  shares of reg stock .. this is where i get lost thanks 

[Ginger83]

Hi Monarka, the idea behind the warrants are that if you paid .17, it would only be profitable to excercise at 1,92 which would make you break even.  What’s interesting about warrants is it’s potential to use the leverage effect. This means that you are buyin the privilege to buy shares eventually but with minimal capital up front.  At .17, you buy 10k shares for 1,700$ but if you

[monarka]

thanks I think I get it now ...