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For those who keep hope and pray this son will follow Mother,You may consider on it again.
Not all warrant can gain fast money.
But for this son,Look like they purposely press/Hold this son price and stuck in between.
This one to encourage anyone buy this son to convert to share mother as well.
Oh ya,Dun forget Siltera & Ping require Dnex to cash out some money in order to expand their business for long term.
All movement price will have self reason as well.
GL!
Right now,convert to mother u earn at least 10sen
Price Now:Mother+Son=Rm0.5+Rm0.390=Rm0.890
Mother price now:Rm1
Rm1.00-Rm0.890(after conversion price)=
Rm0.11(profit)
Let say u have son 10K Unit and convert to mother like this sample:
Rm10000-Rm8900=Rm1100(Already Profit RM1k+)
This what i understand,do correct me if got wrong here :)
U only can convert the warrant once reach maturity date which still have few months to go, now son price lower value, i think due to mother share too fluctuate
During or before Expired date,Today and onwards you may convert to Mother share anytime.
Just contact your Remiser will do.
Do proper trading plan on how to win this stock.
conversion can be done any time before expiry date, but u have to keep in mind that the process may take up to 2 weeks. u can only profit if the mother share's price is still high 2 weeks after u've submitted for conversion. otherwise u can always keep the mother share and wait to sell
@nurzairi nurdin
Not sure on this bro..
But right now,Anak Durhaka Neraka to Mother price already.
Something Fishy inside,They want attract Trader to buy cheap son and convert to Mother price,So Dnex will have additional more cash.
That's is the purpose of warrant(Company call as Bonus)
Ping And Siltera still on going,Dnex need huge money in order to expand their Business for long term investment.
Yes
anytime can convert..
Just take time ,probably 2week the mother share will reflect to your trust account.
So,do plan well on how to win and profit will do;)
Look like,Dnex really want All Warrant Holder to convert to Mother share base on previous trading till now.
Plus,i do believe,OP habe huge amount WD in their hand and will make this WD Up/Down or what ever they like.
So,my opinion, does who still hold this WD,take ASAP action how to win on this stock.
"Better small PROFIT rather than wipe PROFIT and turn to LOSE"
"Better Big Profit rather than END up with LOSE"
If you CANT control your EMOTIONAL,you CANT control your MONEY:)
@yrah Gnoey
Agree with you,
Dnex need more cash to expand their business.
No wonder price son keep slowly drop and wont up after that.
Someone is pressing the price down and stuck in between if to compare with Mother share up/down is normal.
Yes
They will made up this way.
So,if you still have warrant in hand,just plan and decide how u want to gain/profit.
As we know Dnex is not conn stock ✓
If you believe Dnex in 1-2 years will give you ROI% ,at least 10~100%,Then try to convert to Mother share.
But,If you not confident,then just sell all of warrant.
Up & Down price all got personal purpose.
Right now,Slowly we can see this son unable to break previous high and keep do lower low.
So ,all is your decision how to gain/profit on this.
GL Bro~
