CAP 6.00% 9.4¢ carpentaria resources ltd

not performing at all, page-22

  1. 742 Posts.
    If you factor in people who bought options at higher prices, I don't think anyone is trying to cause panic. I have a decent amount of holding in CAP and no matter how you look at it, unless CAP makes a run before 23rd of June, CAPO conversions will be at a premium and not many would find that attractive hence the dramatic drop.

    You're looking at 50% drop and 70% drop on CAP and CAPO respectively since the run a short month ago. Whoever suggests there aren't any concern should reshuffle their heads.
 
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