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The original warrant holders subscribed to the waraant at 1 cent each.
The Chengs and the Lees are major shareholders, unlikely they will let it expire for nothing, infact some warrant holders has already converted.
Use 27 cents to buy back shares at below 27 cents ,can buy back more than new issues.
The Chengs and the Lees are major shareholders, unlikely they will let it expire for nothing, infact some warrant holders has already converted.
Use 27 cents to buy back shares at below 27 cents ,can buy back more than new issues.