nytryda. What you say is fair comment for the ST punter who...

nytryda. What you say is fair comment for the ST punter who wants a nice percentage gain, but, if the AKKOAs went to .003 as you say, and the heads stay @ .006, for the LT holder the AKKOAs would then be selling at a 50% premium to the heads when you take the conversion cost into consideration.
For LT holders they want to see the heads @ .009 plus before the AKKOAs will look attractive, but, the AKKOAs certainly will tease everybody at these levels and possibly bring out the punter in everyone who even looks at AKK.