If I take up $5,000 worth, I get 13,008 shares. In a year's time, at 50c its worth $6,504, an increase of $1,504 in 12 months, or a 30% return on the $5,000 in 12 months. If it takes me a year to pay off the credit card at 15% interest, I've still made 15% return. Better tha a bank rate!
If you use your home equity on a re-draw facility at 7% interest to finance the $5,000, you're even better off, netting 23% for the year.
Why wouldn't you get into this??? Price has GOT to be over 50c in a year's time, surely.
CTO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
