Newstrike Brands Ltd NWKRF

Warrants

[SKL6600]

So all warrants will be converted to HEXO warrants but have different strike prices and exported? Or will there be 3 different HEXO warrants now? If warrants just get converted all into one with a .063 conversion rate then it won’t be to bad? I hope I’m right but I’m probably wrong. Lol

[mozzarella]

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[Minerals_guy]

Mozzarella wrote : Your wrong read the warrant specifications. ..... . So Mr. Know it all ...  What is going to happen to the wts??

[TennisStar]

From HIP IR -  "The warrants will rollover into HEXO. Same expiry date, strike price would effectively be converted to an equivalent in HEXO terms. I believe that means dividing the strike price by 0.06332 although that may not be the exact mechanics. Details should be in the circular when it is filed. Best, Dennis". So there you go, although he left a little bit of an opening

[SHOWMEURKITTYS]

lol nice ten four at least something to go off of for now thanks good job

[reefercat]

By that math the striking price on the hip.wt.A will be just under 16.00$. And the hip.wt will be just under 28.00$.

[reefercat]

Splashed a bit on the A warrants at .14 and .13 and a real little bit on the .wt's at .025. If that is the conversion and the expirey dates stay the same the A warrants definetely have potential.

[JJECYYZ]

yes ... and....... so..... following that math..... if i bought 100,000 old warrants today at 2 cents - cost me $2,000 - Exp feb 2020 $1.75 Strike then if the deal goes i get 0.06332? 100,000 X 0.06332= 6332 Hexo.wt? is that what i get? with new strike of $27.64? Can't be that easy.... 6332 X 2.74 (Hexo.wt price today) = $17,349.68 lol nice gain from a $2000 investment.... i don't

[vladdraq]

I'm lost in your reasoning, basically to these warrants to be in the money the SP have to jump 3.5 times. That's what you gonna get. 2 cents for 1.75 HIP, or  7.5 cents for a 27.40 hexo Share, these are the odds. Am i wrong?

[Saxon73]

Thanks for sharing this, I got 20,000 at .13 today. Happy to be back in Hexo, never shoulda sold

[reefercat]

There's even hope for the hip.wt. hexo is just under 8$. CRON hit 8$ in December. It touched over 32.00$ not that long ago. 

[VeritasVern]

Right so the A warrants would be strike $1 / .06332 = $15.80. Currently HEXO is at $7.83.