Not speaking officially but there is no reason to change the rate unless the value of LBI jumps considerably.
The entire premise of raising the price is to stop arbitrate situations during the sale. In the past, with SPI, we had a value of 1.15, say, yet was selling for 1.05. People were buying at 1.05 and selling on S-E for 1.10. We also saw some of the reverse also.
As with all price changes, there will be warning. At this point, I think the plan is to keep it in place for at least the month of March. If the value explodes, that might be rethought but since we are a week in, I feel safe in guessing it will hold true for this month.
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That's nice to know. I thought that the CUB airdrop might make the underlying value of LBI explode and thus cause the price to increase. If we are given a warning, then at least I can stock up on some LBI before it changes.
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It certainly could. Since we really dont know the details, hard to surmise what will happen.
That said, little tends to be done in terms of price increases without some warning.
Here we are at the end of the first week in March, so it will be another week before we get the earnings report. That is week two.
If things are exploding over the first couple weeks with CUB, we can also change to a new price come the first part of April.
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