TGOD.WT ARE 13X OVERVALUED
TGOD.WS ARE 3X UNDERVALUED
There are a few different variables one can use to price Warrants, most important ones being Intrinsic Value & Time Premium.
INTRINSIC VALUE (IV) = Share price - Strike price
TGOD.WS (IV) = .5 - 1 = -.50$
TGOD.WT (IV) = .5 - 3 = -2.50$
The intrinsic value for both is out of the money but they trade above 0$...
TORONTO, May 19, 2020 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TSX:TGOD) (US:TGODF), a leading producer of premium certified organic cannabis, is pleased to announce that it has signed a supply agreement with Medical Cannabis by Shoppers™ ("Shoppers"), a subsidiary of Shoppers Drug Mart Inc., making their certified organic...
last year when we touched a new 52wl the bullish rsi divergence was broken, but shortly recovered and remained on its path the stock gained 175% towards earnings. Could repeat imo. Not investment advice
I think earnings will surprise us..... also this->
"With a more conscious/smart consumer and the fact that were not just ingesting but burning these chemicals TGOD will carve out a nice piece of the market for itself, a piece of the market that statistically has more disposable income and is willing to pay for quality."
Here is a list of 90 some chemicals...
Here is a breakdown I did of the relative cost of warrants (RCW) in respect to cost of SP (3$ to exercise Warrants)
Shares VS Warrants %RCW
$10.24 $3.51 34.3%
$5.81 $2.76 47.4%
$4.63 $2.34 50.4%
$3.69 $1.71 46%
$2.65 $1.05 39.6%
$0.75 $0.21 28%
Todays Sale Dec...