Hi markrharro,
So what your suggesting is that CS needs the price to rise to port these shorts, or otherwise it stands to lose how much?
From the asx site I don't see that much value in these warrants, but freely admit I don't understand well how they are traded and how much leverage we are talking about.
http://search.asx.com.au/s/search.html?query=LNCKCR&collection=asx-meta&profile=web