We are all waiting for the close of June 27 where the closing price determines the % proportion of aggregate basis for our 'split' shares. From my perspective, as an existing shareholder, it matters little what the "when issued" 'price' is, until after the close of June 27. Then it matters. The question going forward involves RYAM's ability to grow. The numbers seem to show a recent history of flat-lining. Maybe with a sharp focused management (fiber only) they can get it moving. We'll see.