BuyWhatWinWhat买啥赚啥's comment on DNEX. All Comments
BuyWhatWinWhat买啥赚啥
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is it new Warrent will be coming tomorrow???
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3 years · translate ·
Jonathan Phang
Yes, recently converted warrants will be reflected tomorrow.
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Roy Mustang
usually what will conversion meant to the share price or number of shares ?
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Adam Lim
Dilution of share price but more cash for company
1 Like · 3 years · translate
Jonathan Phang
Number of shares will increase.

If volume is big, and people converted warrants which were bought at very low prices (ex. 0.1 to 0.3), I would imagine it might cause the share price to temporarily go down.

But it shouldn't matter too much, since DNEX is a company with a lot of potential. People will definitely buy more if it goes down.

This is a long-term stock.
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2 Like · 3 years · translate
Roy Mustang
I see. is it normal for price to spike up like whats happening today before warrants conversions to be reflected tmr?
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Jonathan Phang
I have no idea.
That's a better question for the 'whales' who have inside info, and are buying HUGE volumes of the share.

I'm just a retailer who bought in at 0.7+, and holding because I'm confident in the company's potential growth.
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