Am I correct to assume the following:
If I buy 50,000 cer today (final day of trading) at 31cts , equals $15,550.
Conversion at 5.29 = 9451 new CRF shares @ $2.50 = $23629
Book profit = $8079 ???
If my analysis is correct, why CER SP today is now going higher , assuming quite substantial profit to be made on 15th Dec when CRF commences trading ??
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