NZO 3.70% 42.0¢ new zealand oil & gas limited

Noted the following input:"Macquarie puts share price at $1.70...

  1. 630 Posts.
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    Noted the following input:

    "Macquarie puts share price at $1.70 assum tapis oil at $88 for 08 and $88 for 09.
    Credit Suisse at 1.68 wti oil price at $90 for 08-09.

    Lash"

    The stock must now be be price rated in the market on the probability of option conversion.

    Actually Captain the positive side is that the options are at $NZ1.50 not 20 cents like many option issues.



 
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