written by reader MNCLW is now ASLEW?

By netpsych, January 3, 2021

I see that the warrants you mentioned have almost tripled in value and have a new name and ticker symbol. What are your current thoughts on these? Hang on or take profit?

Len Holmes

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Travis Johnson, Stock Gumshoe
January 4, 2021 9:48 am

I haven’t done anything with them yet, but yes, the merger went through and Monocle Acquisition is now AerSale. I will update my thoughts on Friday. As of the moment, the warrants are trading at a substantial discount to their exercise value, so investors seem to be rushing to take their profits (the warrants are for $11.50 a share, so with ASLE at $14 the warrants should be worth $2.50 plus a time premium for the five year term… keeping in mind the lid provided by the early exercise terms if ASLE hits $18 for a few weeks).

πŸ‘ 16595
dude12
Irregular
dude12
January 6, 2021 8:12 pm

Travis, I would like to thank you for all the good reads this past year. I really appreciate what you have done for me. I am kinda new to building my portfolio and Gumshoe has helped with that. When I gain as much knowledge as the other members on Gumshoe, I might post something. I would like to thank you and all the contributors on the site learning slowly but getting there. Any advice I will take it and thank you.
Travis it’s a pleasure
DUDE12

Add a Topic
APPRECIATION
petepietro
Irregular
January 6, 2021 4:18 pm

I purchased MNCLW warrants on a whim on 11/9 for 0.235. Was pleasantly surprised when I found out they had merged and the new symbol was ASLEW and the price had jumped to $2.35 a 900% profit. Sold 1/3 of my position at that point. As of todays close the price is $2.74 a whopping 1066% increase in under 2 months. I am interested to hear your thoughts on where this might go from here.

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Travis Johnson, Stock Gumshoe
January 6, 2021 6:35 pm
Reply to  petepietro

It’s a real company, with an interesting business… I’ll do some valuation work that I can share on Friday. I still hold the warrants.

πŸ‘ 16595
timcoahran
Irregular
January 7, 2021 4:04 pm

As my first warrants move, this has been a positive experience. Basically, I bet $50 bucks that I would learn something – and it came true!
Now reading up on how to exercise the new PW rights.

πŸ‘ 135
oldmanegan
Irregular
oldmanegan
January 12, 2021 11:25 am

Where do I get the prospectus/details for ASLE warrants?

Travis Johnson, Stock Gumshoe
January 12, 2021 11:38 am
Reply to  oldmanegan

The original prospectus for Monocle Acquisition is now listed under AerSale in the SEC’s sytems. Original prospectus is here, the original SPAC prospectus should always include the details about the warrants: https://www.sec.gov/Archives/edgar/data/1754170/000114420419005621/tv512586-424b4.htm

All the AerSale filings are here if you’d like to see the more recent data, including the business combination communications and the voting results: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001754170&type=&dateb=&owner=exclude&start=0&count=40

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oldmanegan
Irregular
oldmanegan
January 12, 2021 2:12 pm

Thanks!

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