Post by
Namascam on Jan 29, 2021 10:28am
N.WT.B
Iceberg sell at 0.06? In for 50k and looking for 100k more... easy 12-15c on next prospective release... this pig deserves to be bashed, but hedge in the warrants!
Comment by
Moetown1 on Jan 29, 2021 11:36am
How does buying/selling warrants work? Same as buying namaste shares? if I buy 50k at 6 cents and sell 50k at 10 cents I make 2k? or am I missing something. Surprised then that not more people are into the warrants trading if it's that easy. Low volume today from what I'm seeing.
Comment by
QuothTheRaven on Jan 29, 2021 1:42pm
Definitely buy N.WT.B, they are only a couple cents more and have a much lower strike price ($0.47 vs. $3.15).
Comment by
aurorahigh on Jan 29, 2021 8:17pm
Well only differences really are strike price and expiry. Both will do well as the company executes. Jmo
Comment by
GREENERY on Jan 29, 2021 9:51pm
Those are huge differences! Only one has the potential to get close to its strike price.
Comment by
Namascam on Jan 29, 2021 11:01pm
The difference is... the B warrants will be in the money with a single pump and the company will be in the money to the tune of another 30 million, keeping the train moving. Just a win win position all around... could be why they did the cap raise at 0.35, so the warrants would be decently priced and easily obtainable
Comment by
aurorahigh on Jan 31, 2021 10:19am
Corrections noted however meant both warrants should still do well going forward. Yes WT.B will be in the money sooner if N continues to do well but doesn’t mean WT.A still won’t see upside.
Comment by
Namascam on Jan 31, 2021 11:09am
By the time N.WT.A is in the money, N.WT.B will already be worth a minimum of $2.68.... the value is real in the B warrants lol