CTP 1.85% 5.5¢ central petroleum limited

I would have to say that at this stage I don't consider it...

  1. 3,084 Posts.
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    I would have to say that at this stage I don't consider it likely. We have one month and a few days, and the SP would have to increase by almost 300% to get to the exercise price.

    Also, why would you exercise CTPOA at 25c when you could buy and exercise CTPO for less?

    Unfortunately I think it's now a lost cause. If there were another month to go I might think differently, but I think it's unlikely that Oo-2 will get to TD and results fully released in time.

    I hope I'm wrong.

    Disclosure: I own CTP, CTPO and CTPOA.
 
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