do you know if macquarie have covered their exposure.
i.e. have they got the 35M warrants covered by the correct amount of shares.
if they don't and the warrants are in the money come expiry then Macquarie are going to have to buy the shares on market....mmmm that would be nice, or they may try and drive the price below strike price... mmmm that would be bad....
just thinking..
