I can imagine that ... if they tried to buy those large tranches on the open market they would have had to pay a fair bit over $2 for them when you peek through the DMA and see how illiquid the market depth really is!
What's your thoughts on the pricing of the options, I can't get read on them actually. I want some - removing todays noise for the moment - they seem over priced when you compare yesterdays close. I was really looking for some mis-pricing in there but feel it's mis-priced the other way.
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