TWG…I see this a favour to PP investors so that the option repricing proposal has a better chance of passing at the next AGM.  Scratch my back and I scratch yours type of thing.

Sounds like Breeze who holds these warrants agrees with you as per his comment to me.

I think that the repricing to the warrants is because the management probably received a few complaints this week from large shareholders about the fairness of repricing the options and not the warrants.