CTP
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3.70% 5.2¢ central petroleum limited

"It doesn't matter what the coy does in terms of these new...

  1. karll
    3,084 Posts.
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    15/04/09
    18:39
    Post #: 5014988
    "It doesn't matter what the coy does in terms of these new shares, CTPOA is worth whatever the coy is in about 16 months, less 20c."

    CTPOA have a 25c price, not 20.

    I don't know why this common misconception out there, except that the options which expired on 30Jun2007 were for 20c. CTPOA expire 30Jun2010, and are for 25c.

    Karl
    CTP Price at posting: 11.9¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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