CMX 0.00% 4.4¢ chemx materials limited

Ann: Loyalty Options Offer - Closes Oversubscribed, page-21

  1. 165 Posts.
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    REPOST TO FIX TYPO

    yep. for a buyer of CMXO at .02 at a sp of 40 cents 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 (LEAVING ASIDE potential dilution from all the options that are out there)
 
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