CNN 6.25% 15.0¢ cardia bioplastics limited

Oppies not worth the risk. To get to 1.5c, if you buy CNN now at...

  1. 34,916 Posts.
    lightbulb Created with Sketch. 480
    Oppies not worth the risk. To get to 1.5c, if you buy CNN now at .3c it's a 5-bagger. To get the same 5-bagger on the oppies, CNN needs to get to 2c to get the same return. As options is higher risk typically you'd want a much better return, so maybe fpo would need to get to 3c. On current shares that's a marketcap of $75mill. Anything's possible but unlikely within the next 16 months. FPO is the better risk-reward scenario imo.
 
watchlist Created with Sketch. Add CNN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.