But it is weird, the selling pressure is keeping the share down.

Each Warrant carries the entitlement to subscribe for 1 new GPB Share
at the exercise price of RM0.40 and at any time during the exercise period of 5
years as indicated above ("Exercise Period") commencing from and including the
issue date and ending at 5.00 p.m. on the expiry date (provided that if such a
day is not a market day, then it shall be the market day immediately preceding
the said non-market day). The Warrants are subject to the adjustments in
accordance with the provisions of the deed poll dated 18 October 2018,
constituting the Warrants. Any Warrants not exercised during the Exercise
Period will thereafter lapse and cease to be valid for any purpose.This
announcement is dated 3 December 2018.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

It can be exercised any time during the 5 year period right?

Even if hedged at this $35, and price now less than that, any increase in price would also reduce HIBICUS cost, no meh?

supermx2, explain a bit how hibiscus hedged to sell at $35 and a high price won't help? Hedged all stock and until year end?