Anyone thinking of taking the ESRO punt I mentioned should be warned that once you buy them you’re likely stuck with them until they expire now. There will unlikely be much liquidity on the buy side from here. So you’ll be holding them until they expire worthless or you convert them (assuming SP is over $0.05). and after conversion there is still a chance the SP drops before you receive your shares into the registry (maybe a week later?).
Anyone thinking of taking the ESRO punt I mentioned should be...
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