In today’s briefing:
- Ecopro Co: Shorting Entry Points on CB Conversion Event
Ecopro Co: Shorting Entry Points on CB Conversion Event
- For the recent conversion, the listing date is March 3rd, involving 500K shares. Despite the ongoing rally, there is a possibility of a significant price impact due to the volume.
- We still have 1,632,333 shares to be converted. This represents 6.5% of the SO. There is a high likelihood that these will also be applied for conversion soon.
- Assuming that it occurs in increments of 400-500K, there could be roughly 3-4 opportunities for shorting.
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