Replies to post #91572 on Magic

[db7]

SPAC warrant observation/question; why is it that the $11.50 strike warrants trail the common by a huge margin on SPAC rockets? I cannot find an explanation or reason..

ie: QS went over $120 but QS+ never got above $45... similar phenomenon with NKLA/NKLAW

???


So for an low to moderately successful SPAC, warrants provide the leverage expected BUT on the homerun SPACs one may be better off with common(?)

[db7]

spac GRSV rumor:

https://finance.yahoo.com/news/ardagh-considers-listing-cans-unit-214136383.html

https://www.ardaghgroup.com/userfiles/files/PDFs/products/AG-Metal-Beverage-brochure.pdf

https://www.fool.com/earnings/call-transcripts/2020/10/22/ardagh-group-sa-ard-q3-2020-earnings-call-transcri/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article

from that Q3 earnings transcript:

"Our capacity in the Americas in beverage cans is fully sold for the remainder of the year and for 2021 as well."



IMO, at first glance one might not think of beverage cans as a super sexy business but sounds to be a very successful operation AND 'sustainable'...