The recent increase in share price of Prolexus could only be attributed to the following reasons: 1. Coming QR has improved drastically. 2. Controlling shareholder is selling out to another party. 3. Getting another key buyer or buyers for its clothes/apparel. 4. Joint venture with well-known overseas investors. Please do your own research before you commit to buy or sell.
mother of all red flag is here! the warrant is trading discount to the mother. 21c+ exercise price 56c=77c , mother now =81.5 c another history in the making ,pls checkout mmag and macpie history my warning is dont buy the warrant and mother. if u have warrant dump first.
so if warrant is like 40c, then its all good? hard to consider it a red flag, atleast the warrant has already risen from 0.1 > 0.2 warrant moved along with mother share price. only time its red flag is warrant has no volume or doesnt follow mother trend.
warrant may look very attractive now but it is a booby trap. if the mother keep going up. u might think u want to exercise the warrant, this is what they want u to do. but most important is the insider is going to dispose all their free warrant
yes we can excercise warrant anytime, the share issuer will need 1-2 weeks to create the new mother share for you and masuk your cds, by then the mother already less 56cent.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hassim05
125 posts
Posted by hassim05 > 2022-03-25 16:41 | Report Abuse
woww... winner of the week