CMX 4.08% 4.7¢ chemx materials limited

yep. for a buyer of CMXO at .02 at a sp of 40cents you make 5 x...

  1. 165 Posts.
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    yep. for a buyer of CMXO at .02 at a sp of 40cents you make 5 x your investment but at sp 60 cents you make 15x - for a loss capped at your initial spend.

    If you sell your underlying CMX position at .16 and invest the proceeds for 3 years at 4% its a totally cost-free option

    60 cents is a MC of only 52 mio (potential dilution from all the options that are out there)
 
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