tim/timpb, page-5

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    You have not included the payout from being short a CFD sold at 15 cents times 3.5 CFD's per TIMPB=52 cents payout less cost of TIMPB of 36 cents = profit of 16 cents.

    So yes, TIMPB are worthless but CFD payout is 3.5 times the fall from 15 cents to zero

    In addition you have 13.5 cents fully franked.
 
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