Diginex Shares Rally on Acquisition Speculation

As 2026 begins, Diginex (NASDAQ: EQOS) is once again attracting attention from speculative traders. The company's share price climbed to $4.76 at Friday's close, fueled by market anticipation that a long-awaited acquisition will soon be finalized. This recent advance, however, may be built on shaky ground. While investors are pricing in a successful deal, the crucial formal agreement remains unsigned, raising questions about whether the current optimism is premature.

Beyond the merger and acquisition speculation, the company's underlying business provides reasons for investor confidence. Diginex recently reported a staggering 293 percent surge in revenue for its last half-year reporting period. This explosive growth highlights the firm's aggressive expansion strategy, though achieving sustained profitability remains the next significant challenge.

Trading Activity Suggests Caution

Friday's closing price did represent a technical recovery from weaker performances in prior weeks, but trading volume data advises a measured perspective. Approximately 572,540 shares changed hands, a figure considered moderate for the stock. This level of activity does not yet indicate substantial institutional buying, which typically signals a more durable trend reversal. The market's mood appears cautiously hopeful but is far from euphoric.

Should investors sell immediately? Or is it worth buying Diginex?

The Protracted Resulticks Deal

The central catalyst for the current price movement is the planned acquisition of Resulticks. Market participants should note this is not a new development. The relevant Memorandum of Understanding (MOU) was initially signed on June 5, 2025. Despite positive signals in December, the transaction had not been completed by the year's end. The present share price premium, therefore, rewards an outcome that has already been pending for over half a year.

Key Facts:
* Price Action: Shares advanced to $4.76 at the weekly close.
* Deal Status: A non-binding agreement has been in place since June 2025; final execution is pending.
* Business Growth: Most recent half-year results showed revenue growth of 293 percent.

All Eyes on Official Communication

The immediate trajectory for Diginex's stock is now almost entirely dependent on an official announcement regarding the Resulticks takeover. A successful defense of the $4.70 price level would constitute a minor technical victory. Fundamentally, however, the current valuation will only be validated by a binding confirmation that the deal has closed. Without that definitive signature, the potential for a sharp pullback remains high with any further delay.