Karl,
It was a little ambiguous ... but I was comparing CTP to CTPOA.
Both available today at 16cents and 3.5cents
So,
so CTPOA @ 3.5 cents
excise price 25 cents (as you stated)
Then throw in 100% gain (another 3.5 cents)
and you come to --- 25 + 3.5 + 3.5 = 32cents
which is also a 100% gain for CTP @ 16cents
ie - break even.
So,
to buy CTPOA you are assuming that CTP will trade above 32 cents.
ctpoa, page-13
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Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $39.49M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $83.26K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 234750 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 340510 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CTP (ASX) Chart |