out of 695M of warrant , 70% had been converted and left only 215M and share price still look steady. I think market could absorb the conversion.

beside that based on last qr report dnex already is a net cash company due to pp and warrant conversion, Cash on hand 152m and debt 106m, after complete this conversion, Dnex should have enough cash for growing the Silterra business.. Stay tune and wait for rewards...