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It’s gonna be a blood bath Monday. Untradeable warrant is like forcing investor to put more money into the company or risk being diluted. Share value will drop when ppl exercise.
So exercise will lose, don’t exercise also u lose cos ur share will be diluted. Exercise price of 1.5 is very close to current price and when more ppl exercise or very less ppl exercise will make it closer to the so called discounted price.
I revised my tp from 1.6-1.7 to <1.5. To be safe better buy below exercise price.
Not a fresh news anymore, it was already announced on 23 Jan and share price already drop a lot after this announcement. I don’t think this Monday drop will not caused by this news and it will be caused by USA big drop on tariffs issue.