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yup not IPO will up but this one is cunning IPO. open high then sell down all the way non stop. Should put under investigation. Who can sell much lower than IPO price if not own people who got it free or cheap.
the warrant become no value because double negative impact;
1. By continous reduction of mother share value
2. increamental exercise is coming. Plus at before increamental already warrant traded on huge premium toward declining mother shares.
