Thats right jballs. EBR at 30 means EBROA art least at 15, which means EBRO at a minimuim of 33 - that is buy EBRo at 33 and pay 12 to convert = outlay 45c.
For that 45c you get 1 EBR worth 30 and one EBROA worth 15.
Amazing, even at todays price of 14c and EBROA at 8c, EBRO is worth a minimum of 10c - buy EBRO at 10c pay 12 = 22c to exercise and get EBR worth 14c and EBROA worth 8 =22c.
EBRO good buying at these levels.
