It's scrip, not script.
The US$400m equity value is pure fantasy with an understanding of how these SPAC transactions work - redemption rate would be astronomical given the proposed premium at which point it just becomes an effective redomiciliation.
I am amazed this is still up 20% on the back of this "deal".
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It's scrip, not script. The US$400m equity value is pure fantasy...
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 10000 | 0.300 |
4 | 62941 | 0.295 |
2 | 12899 | 0.290 |
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Price($) | Vol. | No. |
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0.275 | 3605 | 1 |
0.285 | 6874 | 1 |
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