RLT 1.12% 88.5¢ renergen limited

Argonon Helium Tokens, page-109

  1. 5,178 Posts.
    lightbulb Created with Sketch. 1110
    Wow. Awesome answer thanks Bgas!
    Nice of you to help a “dinosaur” understand new things.
    So, if someone bought their tokens at 27c and the price went to $2.70 (equivalent to about $2700/mcf, yes?) and they sold, they’d pocket about 9 times investment.
    So (if one bought RLT at $3.50) the RLT SP would need to go to around $35 to achieve the same result?
    I guess, being a token they don’t expire like a futures contract?
    Cheers
    FHC

 
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