Exactly!!! I was very clear to me, so I don‘t know where the theories regarding a rolling allocation come from @BillAckman
$PSTHhttps://twitter.com/TradingGremlin/status/1403054282232844295 …
Original PSTH holders then become SPARC holders.... So it's not clear, Let him unpack it. Doubtful you will get lifetime rights, whats the incentive for future SPARC holders then???
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I am only referring to the tweet Bill retweeted and commented with „Done“.
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My understanding was that each time you exercise your SPARC rights to hold PSTH-X, you'll get SPARC to PSTH-X+1 IE PSTH1 -> SPARC for PSTH2 if you *exercise* those into PSTH2, PSTH2 -> SPARC for PSTH3 and so on. I think you need to exercise at each chain leg to keep going.
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