This means with 54m warrants, it's not profitable to short below something like 1.35 (selling fees, admin, FX) and highly profitable to heavily short over 1.80.
Until the deadweight is converted in 2018, the shares will never get above 1.80-2.00.
We've been played for mugs by TFS and someone should tell Mr. Wilson to refrain from ever again giving out synethetic call options to foreigners.
Load up, when the warrants are gone, it's running with the bulls. Que - rage against the machine, with bulls on parade
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This means with 54m warrants, it's not profitable to short below...
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