TAP 0.00% 7.8¢ tap oil limited

From my calculations Macquarie has 20 mill call warrants...

  1. 31 Posts.
    From my calculations Macquarie has 20 mill call warrants outstanding on TAP. I'm not sure what percentage of this they have covered but I would speculate that they would be very short on TAP. With the price of oil sky high and TAP due to drill some elephant targets I would say Maccas could stand to lose a substantial some of money. I would not be bullied into selling TAP at the moment. Having said that this share is not without substantial risk.
 
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