RE:Programexcellent point about the hold period, but I would suspect most subscribers were already believers in AOT over the years and had lots of free trading shares which could be sold to finance the new shares with warrant atttahced.
Just noticed something equally interesting - full warrants attached to new issue at $1.05 per share expiring June 2017......just before the final payment to Boliden. So exercise of these warrants will finance the final payment on the properties in June of 2017. JMO, but that is a great financing strategy.