GMT Capital Corp.Part of an obligatory SEDAR publication states:
"As at September 30, 2020, GMT’s hedge fund and private client managed accounts also held ............ and common share purchase warrants ("Warrants") entitling them to acquire an additional 3,809,830 Common Shares representing approximately 2.00% of the outstanding Common Shares. ...............".
So that's where 38++ million cheap warrants went.
I'll keep those pittyful few 600K that I hold.
Lottery tickets, the future will tell.
So, when GMT holds 22% of all warrants and I hold 0.35%, where's the rest and for what purpose?
Have fun.