CPH 0.00% 0.9¢ creso pharma limited

Ann: Halucenex Phase II Clinical Trial Update, page-48

  1. 9 Posts.
    lightbulb Created with Sketch. 4
    if you go to:

    www.goodcalculators.com/black-scholes-calculator/

    type in the inserted fields
    the black and scholes value of the CPHOD have a value of between 1.2c and 1.8c.
    so based on that, they are trading at around 80% below their true value.

    Spot price ( is the current shares price ) 2
    Strike price - 8
    time to expiration - 4 ( years )
    Volatility - i have used 200% as the stock has been very volatile over the las 4 years especially last 2 years and 1 year
    risk free interest rate - 3% although this field doesnt have much weight
    dividend yield - 0

    based on the above assumptions - this generates a 1.8c price for the CPHODs making them trading at around a 75% discount.
    the reason is due to the long life of the options!
 
watchlist Created with Sketch. Add CPH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.