HIP warrants are trading at a significant discount to HIP's common shares.
The “Fair market value” based on HIP common shares being at 55 cents....
The HIP.WT.A warrants should be trading at 33 cents
The HIP.WT warrants should be trading at 7 cents
The only reason they aren't trading there is that most retail investors do not understand their value. These warrants will make gains at a much faster pace than HIP once we pass a dollar. Do the math yourself
-Strike price= 1 (hip.wt.a) or 1.75 (hip.wt)
-volatility = 100% for both
-no interest
-no dividend
-expiry= 1605 (hip.wt.a) or 410 (hip.wt)
-price= 55 cents (or wherever we finish)
YOU DO THE MATH!
LINK to Price of 33 cents [url=https://www.cboe.com/framed/IVolframed.aspx?content=https%3a%2f%2fcboe.ivolatility.com%2fcalc%2findex.j%3fcontract%3d373F83CC-F4C0-41D9-B7A4-AE1C3265464E§ionName=SEC_TRADING_TOOLS&title=CBOE%20-%20IVolatility%20Services]LINK to options calculator..straight forward[/url]