What this mean in price...up...down?
Probably down for a while, as a new exchange isn´t really something to hype around. A bad call from Tenx´s part in my opinion.
But at the end, it will probably go up, since adding new exchange will increase demand, it is simply applying economics, demand and supply, 
So If I were you, I will buy at the current price, dont try to predict the market, because when it comes up, it might not go down anymore.