Q: Hello 5i Team. Another question on Zenyatta ZEN. Here is article from Finacial post. http://seekingalpha.com/instablog/449647-tradingchief/1526391-zenyatta-ventures-rarest-form-of-graphite-at-the-highest-purity-levels-recorded
I heard yesterday that they had over 2m warrants exercised 1.5m of these were shorted and 500k bought. Same again today so they now have 5m in the bank.
Would the shorting of these warrants be holding the SP back and once all warrants exercised we could maybe expect forward movement?
Thanks
Don
I heard yesterday that they had over 2m warrants exercised 1.5m of these were shorted and 500k bought. Same again today so they now have 5m in the bank.
Would the shorting of these warrants be holding the SP back and once all warrants exercised we could maybe expect forward movement?
Thanks
Don