RE: Mariner.... No free lunch today, eh? No problem. My calculator makes their cost for Croc at .97/share with 1.75 million warrants (no price listed). So if they sold it would be a 1.75 million (rounded) loss. But the deal is not for all the shares so AAB would not need to sell, I guess. Maybe hope for better things down the road. The warrants are till March 14, 2016 so lots of time left there.
I notice on the warrant action that there is only 5,000 on the bid for .10 but more than that have been hitting it and it seems to always go back to that amount. So, I presume there is a hidden block there, someone accumulating.