The warrant conversion is still ongoing, but it appears to be nearly completed. Wait patiently for the moment to come, as Sernkou will break 70 cents for sure.
Nice article you share there, 4dking777. Sernkou's warrant is trade at negative premium currently, so they can enjoy arbitrage profits immediately. Haha. (Their warrant is going to expire next month btw)
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LeonardLiong
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Posted by LeonardLiong > 2023-01-31 11:21 | Report Abuse
There are 2 catalysts that will induce Sernkou to move up currently:
1) Excellent FY2023Q2 results
2) Their warrants finish converting before March