CTP 0.00% 4.9¢ central petroleum limited

ctp vs ctpo, page-2

  1. 1,396 Posts.
    Hi Cathutch,
    There is logic in what you're saying. When the SP approaches the exercise price of options they become a better bet. I too have loaded up on CTPO. The chart below shows the correlation between CTP & CTPO & shows the % gain in investment on each. With the CTP SP now within 2c of the exercise price of the CTPO's they become more atractive to buyers...especially since they still have 4 1/2 years to run.

    Photobucket
 
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4.9¢ 4.9¢ 4.8¢ $21.04K 432.1K

Buyers (Bids)

No. Vol. Price($)
1 196220 4.9¢
 

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Price($) Vol. No.
5.0¢ 109455 2
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