Is it fair to say that with the Oaktree warrants being exercised and the dilution already baked in takes the lid off the share price other than some additional charges against next quarters earnings, and foreseeing all this would this help to explain why Blackrock would jump in at 7.8% and Litespeed would up their holdings to 13.6%?
Is it much clearer sailing now, what do you think?
I read the filing differently; I don't see that Oaktree exercised their warrants (why would they now?). The filing simply shows Oaktree's beneficial ownership of warrants that BECAME EXERCISABLE 3/1/13 (hence the filing) 5/29/19 expiration..
As far as Blackrock, they owned most of their 7.8% holdings for a while and added just a bit.
you could be right but " The Investor acquired the Notes and the Warrants for an aggregate purchase price of $218.25 million." says they "acquired" the warrents "for" a price of ...
to me that sounds like they exercised that right - should look good on dmnd's balance sheet