IMO in time CTPO becomes less attractive than CTP because the relative difference between the price of the ops. v. the heads decreases. In other words, u were better off buying the options last Friday than today because given the same amount of cash u would get proportionately more ops last week than this week and I would expect that trend to continue as the SP goes up. Check the calcs. but I think I'm right.
ANZ
CTP Price at posting:
13.3¢ Sentiment: Hold Disclosure: Held
