MIB is The Men in Black its a term used for the market makers or the issuer of warants .
Macquarie Bank . ABN Amro are the brokers who play most with HDR .
You cant see who is buying or selling but you can see the warrant issuer stands to make a windfall particularly with barrier warants ( x in code ) as if they can sell a stock down to the strike price the warrant becomes worthless.
In the past Maccas have been very lucky ( skillfull ) of being able to coincidently have the HDR share price under the conversion price of the normal warrant on expiry.
No proof here at all hence the MIB tag. draw your own conclusion.
Im betting a flamant duster will see an opportunity to take out the hdrxon $1.10 wararntsjust as the latest round of selling took out the hdrxom $1.25 warrants.
Cheers Hoot
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