Just checked it is at $5.38 now... but SBD's dipped a bit as well... but SALT is down 13% and SBD's only around 5% down...hugerer arbitrage now... especially with fixed rate of SALT redemption at a fixed $27.50
I can not tell you (not any kind of financial advisor), I only know what I did and is possible. But I bought in salt on the initial offering as I planned on using it. Now I just add to it, but with this opportunity if someone were not in yet, they are practically guaranteed a great and instant conversion income.
Just checked it is at $5.38 now... but SBD's dipped a bit as well... but SALT is down 13% and SBD's only around 5% down...hugerer arbitrage now... especially with fixed rate of SALT redemption at a fixed $27.50
So what should I do ?
I can not tell you (not any kind of financial advisor), I only know what I did and is possible. But I bought in salt on the initial offering as I planned on using it. Now I just add to it, but with this opportunity if someone were not in yet, they are practically guaranteed a great and instant conversion income.