can't say I've been in this position before so I'm only guessing.
I'd say once BoA allow it then it will be a knock on effect of instos unwinding and not wanting to burn eachother. From how I understand the notes, they pay a 16-20% premium at the maturity date, so it does make sense to raise the price by then, which is 7 years.
I could have completely misunderstood the notes though so please correct me if I'm wrong.
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can't say I've been in this position before so...
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Last
$2.14 |
Change
-0.080(3.60%) |
Mkt cap ! $2.790B |
Open | High | Low | Value | Volume |
$2.14 | $2.18 | $2.12 | $9.854M | 4.583M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
42 | 248455 | $2.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.15 | 104162 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 207526 | 2.140 |
20 | 229542 | 2.130 |
30 | 224408 | 2.120 |
22 | 142633 | 2.110 |
64 | 418047 | 2.100 |
Price($) | Vol. | No. |
---|---|---|
2.150 | 30382 | 10 |
2.160 | 127385 | 15 |
2.170 | 275681 | 25 |
2.180 | 215276 | 22 |
2.190 | 88555 | 9 |
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