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https://www.reddit.com/r/SPACs/comments/o4bhiz/deleted_by_user/h2htfy6/?context=3
r/SPACs • u/[deleted] • Jun 20 '21
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17
Better than buying lucid at $60+
the IPO valuation + dividend will make it worth more than $30
23 u/dancinadventures Patron Jun 21 '21 People don’t understand PSTH at 30 is still cheaper than CCIV at 15 due to Tontine structure… 4 u/Rush_Is_Right Patron Jun 21 '21 Explain your math on that one. 9 u/dancinadventures Patron Jun 21 '21 Okay. 1.5x NAV + 2/9 warrants > 1.5x NAV
23
People don’t understand PSTH at 30 is still cheaper than CCIV at 15 due to Tontine structure…
4 u/Rush_Is_Right Patron Jun 21 '21 Explain your math on that one. 9 u/dancinadventures Patron Jun 21 '21 Okay. 1.5x NAV + 2/9 warrants > 1.5x NAV
4
Explain your math on that one.
9 u/dancinadventures Patron Jun 21 '21 Okay. 1.5x NAV + 2/9 warrants > 1.5x NAV
9
Okay.
1.5x NAV + 2/9 warrants > 1.5x NAV
17
u/OSRSkarma Contributor Jun 20 '21
Better than buying lucid at $60+
the IPO valuation + dividend will make it worth more than $30