CTP 10.0% 5.5¢ central petroleum limited

ctpoa, page-4

  1. 3,084 Posts.
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    LoveCCE wrote:
    "You need CTP @ 32 cents to break even with CTPOA (assuming 3.5 cent and 16 cent buy in)"

    Sorry, I don't understand your explanation.

    CTPOA have a 25c exercise value. So at a 3.5c buy, plus 25c exercise, it needs to be at 28.5c for you to break even - right?

    - Karl
 
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