RE: Sell or a Buy14 Jan 2019 20:34
Agreed. I didn't type very clearly. The warrants exist for 12 mths and can be triggered by the company by the 3p clause. Thats wjy i read it that the RNS today is put in place early doors as they expect the current level to be exceeded so warrant holders will either take them soon or be triggered at 3p st notice period.
They are non transferable so what I am unclear about is if somebody took say 500k in the placing and have sold since, is their 500k in warrants still active or expired. I imagine active at least for the next 8 mths.