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.

Stability in DNEX's price is the priority, in order to raise funds through Warrant and PP. It will only move ( up or down) if it benefits fund raising.

DNeX is still alive and well. It is during this period that real business is carrying out before the acquisition can be implemented. It takes time. The operator is doing his job to keep the price within a range that can benefit the company to raise fund through warrants and PP. Everything is in order.

This is a period where real business is carried out such as due diligence of all the proposed acquisitions. The operator;s main task is to maintain the share price where fund can be raised through warrant & PP. You don't expect this period to push the share price up or down but move within certain price range.

Exercise of Warrant DNeX-WD will continue till the expiry date. The more Warrant being exercised, the better it is for long term and the least DNeX is dependant on PP. These are the facts.

No one know exactly where the share price is moving - up or down. But it is quite certain that someone is monitoring it, to make sure that the Warrant is taking up to be converted for additional fund and the PP ( up to 30%) can be implemented accordingly. The question is how much fund can be raised from Warrant's conversion? I believe the higher the rate of conversion for Warrant, the least DNeX is dependant on PP.

I believe the new PP price should be at least RM0.9. With 20% discount, the share price should be around RM1.125 +- RM0.05

Ibelieve, the recent PP price was RM0.7339 and so the new PP can not be lower than the old PP price.

PP price will be 5 days average with maximum 20% discount. We do not know what is the grand plan of the chief operator. Assuming the PP price is RM1.0, the share price could be pushed up to RM1.2 +- 0.10

Any news from EGM?

Don't expect DNeX to be limit up for it's share price. Considering that it was only RM0.2 not so long ago. I strongly believe that the price will be RM1.0 +-0.05

I personally hope that the ESOS price is fixed not lower than RM0.9, assuming the PP price is also fixed at RM0.9

hengsame, I am afraid, the mother may maintain at RM1.0 till the fund raising through PP is completed. my opinion only.

If my assumption is fair, then DNeX does not depend on DNeX-Wd to raise fund and I believe the CEO has already identified the parties for PP. To make the PP price of RM0.9 ( assumption) attractive, the DNeX-WD must be higher than RM0.4. In another word, DNeX-Wd could be moving higher between RM0.4-0.5, assuming the mother share supports at RM1.0

DNeX's commitment in Silterra is RM163.8 ( 60% of RM278 million) + RM120 ( 60% of the RM200 to be injected into Silterra for upgrading of equipments & operational expenses. Total is RM283.8 million. Plus 60% acquisition of Ping for about RM314.3 million. Grand total fund required = RM598.1 million. With 30% proposed PP of about 668 million shares, the PP share price should be about RM0.90 / share. Normally give 10% discount, the 5 days average should be about RM1.00. Any comments?

So far, how many % of PP has been taken up? Please share. Thanks

I think DNeX-WD is crucial to the control of DNeX. If the CGP fund wants to take control of Silterra, they may want to take control of DNeX in order to have a say in Silterra.

If someone is willing to put in about RM25 million, this someone must be very confident about the future of DNeX.

FYI, I did not know earlier that the listing of private placement of 33,885,700 shares @RM0.739 were listed on 19/3/2021. Fund of RM24.868 million were raised.

KWSP is waiting for official confirmation of Silterra to be injected into DNeX. At least there is a hope in DNeX. Better still with new CEO to turn DNeX into a blue Chip company.

Even though EPF has disposed off DNeX's shares from 2.2785% (July 2020) to 0.4663% in Feb 2021

KWSP is currently only holding 0.4663% ( 8,897,600 shares) in DNeX. Imagine if the KWSP decides to hold 5% or more?

I don't think the operator will allow the market to derail their plan. When the market is bad, the price moves down to collect and push up when the market recovers. It will be around RM0.90 +- 0.10. The Son will follow the Mother.

All is executed according to the operator's plan to raise fund through DNeX-Wd. How much support to complete the grand plan is to be seen. The price of WD has to be attractive enough to go through the process of convection to mother share. I believe the price will stay at this level for a couple of weeks.

May be the operator prefers to have the price difference between the Mother and the Son to be RM0.1

The price difference RM0.05 - 0.07 between the Mother and the Son is more acceptable now. IO think the operator will maintain it this way unless other factor comes into play.

If the price of the ESOS has been finalised, the share price may continue to move upward. Wait to see.

2527005, you are absolutely right to say about the ESOS with cheap premium. That is why the new CEO is aware of it and push the share price up to RM0.9 +-. Then the premium to be paid should be more or less RM0.9. This will indicate that the future price will be much higher than RM0.9.

The transaction vol of the Mother, indicates that the Mother is being sold upon convection from the Son with a profit. Either the price of the Son needs to be normalised in order not encourage more selling pressure of the Mother share. Wait to see what the operator will do today.

I believe DNeX is in the process of digestion as the conversion of DNeX-WD continues. I think the price of the Mother and the Son will maintain about this level unless there is special announcement.

The Son is playing catch up?

Don't buy the Son if you don't have intention to convert it to Mother. You will be disappointed.

Till someone has the interest to take up all the trouble to convert it to mother shares. The mother is also dependant of the premium of RM0.50 to raise the finances required for all the acquisitions.

It is quite certain that the Son is not moving up as expected.

During this time, The mother will remain RM1 +- RM0.05 and the Son will align the price with the Mother to move up to RM0.5 +- 0.05

The price of Son will not affect the price of ESOS. So, the Son may move up while the mother is waiting out for ESOS.

It depends on when are they taking the 5-days average price? Could someone shares what is the normal practice of taking the 5-days average?

Sniper S, you are right. The chief operator is holding the price for the 5-days average for ESOS to be approved at EGM on 1/4/2021.

Today could be the Son's day.