Unnecessarily panicked? Some created it? Some reaped the opportunity .
I see you have interest in this share. Okay. Maybe this will be pushed to Rs 13 even thanks to manipulation.
Then warrants will b e value at Rs 1.
But we have a social obligation to educate when we can. There was so also critisism when we warned about CIFL at Rs 9.
Read this march report and decide.
12 Month group profit minus 0.7
Warrant conversion price is at Rs 12 .
Share price now 11.3
But warrant price Rs 1.1 ( up from 0.3 cent today. )
Yes, there will be opportunities if you are seasoned trader . If one gets in and gets out at the right time any share can give returns. Yes, there are ways to somehow make money . If it suit someone : okay.
When I posted the below today csf warrant were 0.4 to 0.5 if I recall
"If you hold warrants at high prices , a second life might arise .
Now trade smartly and don't get caught at the top .
I see warrant prices are also jumping with CSF.N but theratically conversion is at Rs 12 as mentioned before.
These warrants are high risk and high gain/loss."
I could have bought at 0.5 yet I didn't want to earn money this way knowing what I will be passing to a buyer.
Some people unnecessarily got panicked. Some created it. Some reaped the opportunity.