CTP 0.00% 5.2¢ central petroleum limited

is there a go in the march 14 options, page-11

  1. 7,057 Posts.
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    Stoops,

    RC did mention farming down a minority interest for the area around Surprise. That could very well be the other wild card option holders are hoping for. But I doubt it will put us in the money unless the deal benefit us substantially - I.e we receive bucket loads of money along with free carry to explore for Surprise look alikes.

    A third party could offer to buy out the options upon expiry as mentioned by everready but I can't see how that can benefit option holders as it required that the options are out of the money upon expiry.

 
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