You've lost the same amount on the FPOs as the oppies - but you still have the FPOs. With the oppies you are now out of the game.
Yes, and? In Scenario 1, you've already spent your $10K. In Scenario 2, you'd still have $6.7K to buy fpo to get you back in the game (so to speak). In fact with the shareprice now 7.5c, your $6.7K will buy you 89,333 shares, which is more than if you went with Scenario 1 from the go. Again you're in a better position.
CEL Price at posting:
19.0¢ Sentiment: None Disclosure: Held
