don't know the detail of opy deal negotiation , could be warrants in-lieu of lower interest rates , or simply the lender demands warrants as part of the deal on debt borrowing to profit from
it's a form of cap raise through debt borrowing when drawn , and somehow they didn't go for equity raising route
they have to repay the debt / money borrowed and still get diluted on warrants when exercised whilst receiving half of current SP value
don't know the detail of opy deal negotiation , could be...
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$3.37 |
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Mkt cap ! $4.439B | |||
| Open | High | Low | Value | Volume |
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