RE: The issue here is this7 Jan 2021 14:10
Not a chance would TB get his way with the warrants for a cheaper entry for his chums. As i stated earlier;
Total shares in issue - 1,983,270,231
289,557,453 (Roughly) - Held by GC (14.6%)
414,503,478 (Roughly) - Held by SH’s against the warrants (20.9%) As previously announced by JG
400,000,000 - Placee shares held by outside investors (20%)
That’s 55.5% (Give or take) already taken up. That leaves 44.5% in free float (882,555,252).
There is already a 35.5% side against the warrants (as announced by JG on behalf of GC). That's not taking into account anyone that has topped up their holding on the recent dips.
The placee SH's only hold 20%, who would be the only ones to vote for the warrants. But i'd expect a number of them to have sold by now having doubled their investment.
I can see the 4pm herd arriving earlier today, as everyone knows it will spike before the bell. With an RNS more than expected in the morning, confirming delivery.