giar you are on the right track but mistaken.
At the moment you are paying a 'premium' of 1c per share option to buy shares at 2.5 cents in November 2008.
So your total cost is 1 cent for the premium (paid now) plus 2.5 cents for the share (paid in Nov). So 3.5 cents in total. As Goldbrick suggested the heads would need to be 3.5cents at this stage to break even.
Please note their is no obligation to convert your option to shares in November. You would simply forfeit the premium paid.
- Forums
- ASX - By Stock
- CFR
- can somebody explain to me how cfro works pls
can somebody explain to me how cfro works pls, page-7
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CFR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online