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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

View:
Post by Bigbaboon on Mar 19, 2019 8:32pm

wt.a.

strike price is 1$ (HIP price). What will the strike price be once merger is complete. How do you convert the strike price into hexo share price ?
Comment by quinlash on Mar 19, 2019 8:40pm
Just divid the HIP price by .06332    (1 divided by .06332 = 15.79)
Comment by Bigbaboon on Mar 19, 2019 9:12pm
thx quinlash, I also found that info on reddit for those like me who r new to warrants : Newstrike Brands - HIP.WT.A HIP “A” warrants finished at .17c today. Up 3cents, today from when I bought in after doing my DD. I’d like to share some information with you as I see this as an amazing opportunity to buy in. If it is your thing, great! If not, then also great!   The Deal: 1 HEXO ...more  
Comment by blobboy on Mar 19, 2019 9:18pm
I`ve been watching with much interest. Focusing on the a warrants - So yes at a conversion rate of .063 that means for every share of HIP that you own here you will get .063 shares of HEXO. Now if the strike price on the A warrants is $1.00 then you need to know what a HEXO share needs to be worth to make a HIP share worth $1.00 - correct $15.79. Now that doesn`t mean your A warrant will be worth  ...more  
Comment by blobboy on Mar 19, 2019 9:21pm
And for all these belly achers whining about this merger, get your head out of your rectum - this is the quickest and surest path to being involved in a top 5 player. 20 % pop in one week - awesome I say. Expect more m & a in the sector
Comment by blobboy on Mar 19, 2019 9:39pm
And another point that many have over looked - there are only a total of maybe 30 million A warrants out there. I would venture a guess that sellers are exhausted here in the basement, I`m holding almost 1/2 million and I`m pretty sure there are more than a few big holders like myself - once they are locked down they are locked down. I will continue to add on any weakness but I`m thinking the ...more  
Comment by samforhip on Mar 19, 2019 10:27pm
Ok , you made it very clear for the A Warrant , thanks a million , what about the value of the regular HIP.WT, what is the value should be now ? 
Comment by Jack4000 on Mar 19, 2019 11:02pm
This post has been removed in accordance with Community Policy
Comment by blobboy on Mar 19, 2019 11:28pm
That sounds about right, they too are trading at about a 20% discount to fundamental value but carry a lot more risk. Good day traders if you can stay on the right side of the trade but you will not be alone at looking for quick 25% flips. The original warrants have less than a year to go until they expire, unless the business plan gels in a real hurry I surmise we see selling pressure on them ...more  
Comment by Jack4000 on Mar 19, 2019 11:19pm
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Comment by waivedisclaimer on Mar 20, 2019 12:15am
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Comment by waivedisclaimer on Mar 20, 2019 12:24am
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Comment by Jack4000 on Mar 20, 2019 12:38am
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