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CROO - options, page-77

  1. 60 Posts.
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    In your example in 2021 you outlay

    CRO $84,000
    CROO $52,000

    In 2023 with CRO SP at 0.07

    CRO: Your $84,000 is now worth $70,000 so you are down $14,000
    CROO:: Your $52,000 + $25,000 to convert = $77,000 meaing you are down $7000 having outlayed a total of $7000 less than if you had bought CRO

    You are still $7000 better off buying CROO than if you had bought CRO

    What am I missing?
 
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