CPH 0.00% 0.9¢ creso pharma limited

Ann: Prospectus - Bonus Options, page-41

  1. 1,225 Posts.
    lightbulb Created with Sketch. 45
    HUH? You can buy them at the going market rate, currently 0.07c (just dropped to 0.062c) per CPHO. Conversely, you can sell them now and make a profit because you got them for nothing in the first place. But the idea is you hold on in the hope that CPH will rise to eg 50c, or maybe, just MAYBE, $1, then you can exercise your option rights and buy the allocated options at .25c before November 2024, making you a very tidy profit.
 
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.