Newstrike Brands Ltd NWKRF

hip.wt.a warrant question....

[gribbs2]

If I have 10,000 of the hip.wt.A  warrants now ,   do I still have 10,000 warrants of HEXO
whenever the merger is complete and these warrants convert? I understand the conversion is .06332 of the strike price meaning $15.80 HEXO strike price would be the replacement of the current $1 HIP strike price?

thanks in advance...

[Jack4000]

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[chr905]

You'll have 633 of the new hexo warrants.

[flyboy27]

dont think to long    buy on the dip... rebound is coming

[Jack4000]

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[quinlash]

If you overlay the HIP SP chart with the HIP-A WRT chart you can see the coloration between the two.  With the SP sitting at .64 the A-WRT should (in theory) start to trend up towards .21. With the trading of warrants being as slow as it is it may take a few days or a week for the two to get back in sync but the pattern / ratio has historically held. As a side note... overlaying charts

[Jack4000]

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[quinlash]

The market hates uncertainty, its likely the reason behind the discount we see between the SP of HEXO and the value at which HIP trades.  As confidence in the deal increases we should see the discount tighten up from 2, 3 cents to 1,2 cents.  If the merger gets approved I would imagine the confidence in the warrants will jump and the price will go along with it. If management could just

[mozzarella]

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[Jack4000]

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[SKL6600]

Even with the drop in SP today the A warrants are worth 26 cents. I have heard HEXO is moving up to the larger US stock exchange at the end of May. Anyone else hear this? We had a few green days in a row so a red day was bound to happen. GLTA.

[quinlash]

Haven't seen anything about HEXO and a new exchange but it would be no surprise IMO. Anything like that gives the company more exposure so it should help the price either go up a bit or form a more solid bottom.

[SKL6600]

This is what Jay told me on the phone and everything else he said has been true so far.

[mozzarella]

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[mozzarella]

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[mozzarella]

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