CTP 1.96% 5.2¢ central petroleum limited

ctp vs ctpo, page-2

  1. 1,396 Posts.
    Hi Cathutch,
    There is logic in what you're saying. When the SP approaches the exercise price of options they become a better bet. I too have loaded up on CTPO. The chart below shows the correlation between CTP & CTPO & shows the % gain in investment on each. With the CTP SP now within 2c of the exercise price of the CTPO's they become more atractive to buyers...especially since they still have 4 1/2 years to run.

    Photobucket
 
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