Market will always win.
Look at IRETEX LA, use 2nd way to convert by submitting 1 LA plus the different of 0.60 which is 0.525 cash,
Total cost Involve = 0.115 + 0.525 = 0.64
Mother price IRETEX now: 0.655
not much meat.
Last few days, mother trade at 0.75.
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