RE: Enough with the histrionics21 Jun 2024 19:14
Because he doesn't have to spend a penny of his own money exercising warrants . If he exercises say 1million at 9p and the shares are valued at say 18p he can sell half to cover the warrant costs and gets the rest for nothing. No risk, no outlay required, simple and easy money. You can adjust accordingly for lower or higher potential prices .