If next week option A gets line wiped all the way to 1c+ and the B's hit or .5 or .6 then just maybe !
Can't see anyone not buying A's with a .9 conversion at 1c and then happy to pay .6 for an oppie with a 4.5c conversion ??
With ELF, the option A 100% loan for 3 years will cost 1.3c to convert in 3 years time versus option C 4.5c to convert.
I wish you are correct because that would mean the SP is up big time.
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If next week option A gets line wiped all the way to 1c+ and the...
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