Aston Martin - Idea Recall
All,
Please find an updated version of our analysis of Aston Martin here.
It turns out that we have been working on false information in relation to the quoting convention of the 2LNs. The current quote of 112c/$ for the 2LNs does not include the warrants, which have generally been travelling with the 2LNs, but - contrary to our previous understanding - are priced separately.
We will return to the drawing board and see if there is any other position we want to take in what is otherwise promising to be an operationally positive story and at least to an extent idiosyncratic / not entirely covid driven.
Aengus