CTP 1.85% 5.3¢ central petroleum limited

re ctpo, page-51

  1. 207 Posts.
    As I posted last week the beauty of options as mentioned in previous posts is leverage for dollar.

    Bottom line you can buy substantially more options than shares for your dollar and the value of options is time. As the option shortens the less attractive it becomes as the risk greatens.

    To make a long story short by 2014 when these ctpo's mature ctp will be worth a fortune of broke.

    I for one, as many, am a long term holder and believe in the future, to me it makes sense to maximise leverage.
 
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