Given that the market maker (in this case Macquarie) is usually...

  1. 435 Posts.
    Given that the market maker (in this case Macquarie) is usually sitting as the first buyer and seller on the warrant, the most likely reason for only 3 million being released is the fact that the gamboling (sic) public has only purchased a net 3 million warrants from them.

    If you want more, all you have to do is put in a buy at the then-current seller price. I am sure Macquarie will be happy to deal with you.

 
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