75c SURGE? Sure thing

Have you seen SURGE trading at 75c?

If you thought you missed out on picking up SURGE with a higher effective yield after the pre-sale ended, it's your lucky day.

With SURGE trading below $1, the effective yield (your return relative to the price you paid) increases.

Here’s why:

• The yield is calculated based on the face value ($1), not the market price.
• So if the nominal yield is 15%, that’s 15% of $1 = $0.15 per year (or whatever the payout interval is).
• But if you buy SURGE for $0.75, you’re still getting that same $0.15.
• Your actual yield is now: 0.15 / 0.75 = 20%

With people happy to take instant profit on their already discounted pre-sale price, this is what still makes SURGE trading at these prices super interesting.

The floor should be around $1 because that’s the asset's intrinsic value, but if market sentiment, liquidity, or misunderstandings drive it below $1, you are effectively buying a higher-yield, discounted version of the same $1 claim.

And since it’s redeemable for LSTR (when you choose to convert), buying below $1 is also like getting a discounted call option on LSTR’s future price.

Seems like a no brainer to me.

Best of probabilities to you.

Dane.