DNewLi TV's comment on MAG. All Comments

DNewLi TV
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Convertion warrant to ordinary share will cause any affect of this share? Good news or bad news? ?
o0o o0o
Company warrant is for fund-raising exercise, convertion of warrant will increase company's cash flow on hand, but it will diluted it's EPS (Earning Per Share).
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Palani Ramasami
Normal corporate exercise. The conversion of warrant will dilute EPS because it increases number of shares outstanding
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