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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 > A’s!!!!!!!
View:
Post by thebiz on Apr 26, 2019 10:40am

A’s!!!!!!!

Can somebody pleeeeeeeease help me with the math on this one. As HEXO approaches strike price of 15.79 for the conversion of A warrants that would be like HIP approaching $1.00..... I’ve been waiting for the day to jump for joy to see the dollar mark on HIP and to me it’s just not making sense to me that HEXO (off of speculation alone) could easily hit that strike price this year and the A warrants are just sitting there redundantly. What is going on here? I will continue to pick up A warrants until someone shows me something different than what I’m seeing.
Comment by quinlash on Apr 26, 2019 10:51am
Considering HEXO just broke it's 52 week high we may be seeing the stock sit around there for a bit.  With edibles coming up in Oct we could see another good run and the HEXO SP running up to the 12-14 mark (rough guess).  With the A's expiring in 2023 there is lots of time for them to hit, or at least increase in value. Long storty short... the warrants trade slowly and will ...more