Wonderful Calculator which can produce 'any' figure you like as you have demonstrated. However, can you answer this silly question please?
Why would an 'investor' who has purchased their Rights Issue with its attached Option want to sell the Option for a pittance when it does not expire until 31 December 2015?
I say this because, although we have been given no specific date other than as soon as possible, we expect the Plant to be in Full Production in (early/mid?) 2014. If this IS the case then because of this production and subsequent Sales one would normally expect the SP to be something in the order of say(WAG) $5 to $8 which would make these Options a very attractive holding. If such production and sales continue into 2015 they may become even more attractive, yes? So please tell my why I should sell my CDU Options for the price(s) you have demonstrated?
Cheers
CDU Price at posting:
$1.86 Sentiment: LT Buy Disclosure: Held
