Aside from undervaluation, I realize that the stock price keeps sliding down alongside with the exercise of warrant. Does the exercise directly impact on the share price? If so, better let them exercise all the warrants first. I bought at 4.5 in Feb when the total no of share was 119,672,137. Now share is at 4.03 and the no of share is 132,489,694. Share price dropped 10.4% while no of shares increased 10.7%.
Stock: [TGUAN]: THONG GUAN INDUSTRIES BHD
2017-09-30 17:05 | Report Abuse
Aside from undervaluation, I realize that the stock price keeps sliding down alongside with the exercise of warrant. Does the exercise directly impact on the share price? If so, better let them exercise all the warrants first. I bought at 4.5 in Feb when the total no of share was 119,672,137. Now share is at 4.03 and the no of share is 132,489,694. Share price dropped 10.4% while no of shares increased 10.7%.