There isn’t a conversion ratio. There is a dollar amount they are guaranteed to convert into.
Nothing in the conversation below is new news. Obviously it’s a coin toss like most pennies.
What I don’t understand are the groups of posters whose agendas are to only post negative news. Some of the comments have wide assumptions in them that cover very relevant knowledge gaps on our behalf as retail investors.
End of the day, if in a few weeks we can look at the Form-10 or check the EPA website, this will all largely be null and void.