When CLB was 26c this morning and oppies were 15.5c
Convert for 10c and you get CLB for 25.5c
ie you get paid 0.5c with all the upside 2.75 years growth.
Even at the 21c on the screen... when the headline is 26c you are paying 5c for all the upside of 2.75 years...
Great way to get exposure
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