Bid (mine) $1.55, ask $1.65. That's a pretty good value bet, by October the deal should be closed and new cards dealt. Given there's no current distribution, both the units and the calls are equivalent over the short run, and there's nice leverage in a call that's only a dime or so above the current price on a washout day. I wouldn't just own calls, but part in units, part in calls, that's my play.
No luck, the ask dropped from $1.80 to $1.65, so I raised to $1.55. I thought we we're communicating, and we'd settle at $1.60, but then the dude(s) raised to $1.70! So I responded by dropping to $1.50 to inform them I'm no band leader. Looks like a deal we'll both refuse.