CDU 0.00% 23.5¢ cudeco limited

Ann: CuDeco Rights Issue Update , page-21

  1. 15,745 Posts.
    Scholtz,

    I reckon that Aka knows a fair bit about trading.

    One thing is for sure, paying above market price will reduce potential profits.

    Lets check a simple example:

    Say that you are looking to take up your quota of 1000 new CDU share at $2.50, get the "free" options and then later take up the second 1000 shares at $2.50.

    That will cost $5000 all up to own an extra 2000 shares.

    If that is your desire, then why not buy 2000 shares today at $2.06 for a total of $4120?

    You would be ahead by $880 which can be added to your profit number.

    It also shows that those "free" options are actually costing 88c each. Oh what a bargain they are!

    No advice here at all. Just some primary school level maths.
 
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