Let's hope that the group MD Dato' Seri Syed Zainal Abidin has something up his sleeve to show on the EGM.

DNeX's hope to raise enough fund for ping and Silterra are - DNeX-WD and PP. The only hope left is enough investors to take up the PP.

The indicative price of RM0.72 is not attractive at all based on the current share price. Either the operator needs to push up 20% of the current market price, who in the right frame of mind would commit at RM0.72 per share?

Most of the mid to long term investors here are listening to the advice of Warren Buffett. We take manageable risk. Ha........

PP target price is the indicative price range for the next two weeks +

EGM on 20/5/2021. Expected more price upside.

Wayang or not - It all up to the purpose of the "Operator". I hope the operator is achieving it's goal of raising fund to acquire "Silterra and Ping" through DNeX-WD and PP.

shearer202, you are here to spread fear? Ha... Good luck.

The transaction vol for the first 1.5 hours, indicates that the selling pressure has been building up. Without any action, the down trend would have been continuing.

If no action, even the most loyal investors would lose confident to hold tight. Minimum acceptable price range RM0.8-0.9

More and more investors like i3Shark are getting upset every day.

Censof used to be the biggest shareholder of DNeX. Now bye bye already.

The problem is the selling pressure is building and the operator must show some action indicating that he is still monitoring the share price tp safeguard the interest of all the investors whether mid term or long term investors

If I am one of the investors for the old PP, I am already making paper loss. What sort of confident can you give to the potential investors of new PP?

As long as price of PP is not yet fixed, there is no target.

Either the operator is very confident and everything is under his control OR the opposite. The situation does not give confident to any investors whether short term or mid term or long term.

I have no answer to the continuous drop in share price. Really need a lot of confident to hold on. Good luck.

Yes. We don't know behind close door negotiation.

The transaction vol this morning, telling us that the operator is still in the big picture and is monitoring. It is not as matter of pushing up but to position for fund raising. The targeted PP price will determine the direction of the share price.

Once 30% of proposed PP is approved, price will only move to the agreed price range to determine the PP price. I am still confident that the PP price should be higher than the previous PP.

Short term investors are leaving and so the selling pressure is building. Hoping for institutional investors to enter besides those potential PP.

All what DNeX needs to do is to coordinate with the government regulations & approval. Leave all the technical know how and the international market strategy to the partner from China. Proton is a good example.

Good advice. Never know what is going on behind close door particularly on potential PP.

So far the operator is doing the job of stabilising the share price and I strongly believe that the share price should be adjusting upward to above RM0.8. Main reason is that the old PP was paying more than RM0.7. To give confident to potential PP, the company needs to show that their interest is protected. I am not saying that the share price will adjusted immediately to above RM0.8 but gradually depending on the selling pressure.

The transaction vol is so low for the 2nd hour. Is the sellers trying to hit when the operator is least expected? The operator is waiting patiently.

The selling pressure has slowed down. The operator may be expecting more selling pressure. That is why they are not pushing up at the moment.

50 million transaction for less than an hour trading is good indicative that the operator is defending the share price for their purpose of fund raising.

I believe the price will push up to RM0.8+- because the fund raising is too important to be affected.

It is not stable till the price is pushing back to RM0.8+-

The operator is defending and hope for the best.

Hopefully it is not the major player who decides to pull out.

It may also be unexpected parties dumping large amount of shares that put the whole plan of fund raising into uncertainty. I still believe that DNeX's fund raising is important to be affected. The operator will response in certain way.

I still think that the current price can not go below RM0.7+ because the previous PP is over RM0.7+ In order to give confidence, at least the new PP has to be higher than old PP.

The Son has to follow the mother.

The fund raising plan will be in trouble if no action is taken by the operator. More selling pressure will come very soon.

I will be surprise if the operator is not pushing back to RM0.80+-

MrRightMrLeft, All are here because they are still interested in DNeX because of it's potential. Some are waiting to get in, some has got in and waiting to sell for a huge profit, some bought at higher price and waiting for it to recover. We are all here because we are interested in DNeX.

The vol is getting thinner and will force those who could not wait and to dispose of. The sentiment remains. DNeX is in good position to negotiate with potential PP as many parties are interested. The higher the PP's price is secured prior to the confirmation, the share price will be moved within the price range of agreed PP's price. Better hope that more parties are fighting over the PP and will all be benefitted.

Till the fund raising exercise is settled, the share price will only move within a price range based on the PP's requirement. The aim is to raise fund. Unless multiple parties are interested in PP and want to indirectly controlling Silterra through DNeX that is quite unlikely.

Strong support @RM0.785. Good sign

Testing time for all the people who have bought prices higher than RM0.80. Ha.....As expected, the price has gone sideway and move within certain range. I don't think it will collapse as the company is still in the process of raising fund through warrant and PP. Good luck.

I am new here. Can anyone tell me where to find the "shares" held under Fintec group.

The cheapest financial needs of a company is through Rights c/w Warrants or PP. You don't need to pay interest for your additional funds raised.

It is good to offer to the directors as they have to declare if they dispose off their holding.

I think first round of ESOS is only offered 1,470,000 shares to other employee.

The ESOS exercise price is RM0.755 which is slightly lower than Exercise price of Warrant RM0.5 + RM0.29 = RM0.79. What I am saying is that the operator is controlling the share price for the purpose of fund raising.

It is ideal that the share price is brought down to RM0.8+- in order to fix the ESOS of 13,987,000 at RM0.755. Fund of RM10.56 million is raised. If Dato' Seri Syed Zainal Abidin is willing to pay RM0.755 for 10 million shares under ESOS, the share price is very unlikely to go down below RM0.755.

You are right.

The operator is going to press down the share price of DNeX-WD to force the holders to exercise the warrants. Their intention is to exercise as much warrants as possible - Target 100% for RM347.7 million funds.

fyi, since 9/3/2021, 134,611,335 warrants (about 20% out of 695,396,809 warrants) has been exercised, raising RM67,305,667. The warrant is getting less each time the exercise is carried out while the mother's shares increase. The vol of transaction for Mother will increase while the Son will decrease.