snagg
OK you're not agreat fan of oppies.
Now consider this - your current heads buy order is for 25,000 x 39 cps = $9,750
Instead, you buy 42,391 oppies @ 23 cents each - this in effect gives you the opportunity of an interest free loan for 15 months.
i.e. excise price is 20 cents on 31/7/2008 or 42,391 x 20 = $8,478.20
Let's assume, just for the moment, that the sp is trading at 80 cents on 31/7/2008.
This is how you end up:
25,000 x 80 = $20,000 (profit $10,250)
42,391 x 80 = $33,912.80 (profit $15,684.60)
The net result is that you have increased your profit margin by more than 50%.
- Forums
- ASX - By Stock
- off and running
snaggOK you're not agreat fan of oppies.Now consider this - your...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add UMC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online