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0.00% 5.4¢ central petroleum limited

stupid question re: renouceable rights, page-2

  1. rideronthestorm
    1,531 Posts.
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    29/03/10
    14:09
    Post #: 6509660
    You are buying someone elses right to purchase at the forth coming spp at an extra cost of $0.075 cents per share. So you pay $0.01 for the ctpra, then pay $0.075 per share. Therefore total cost for that share = $0.85. Which justs happens to be approx. the cost of buying the share today at market( remember though the 1:5 oppies for free)

    That much I can help you with. The significance of the dates has my head in.

    Rider
    CTP Price at posting: 8.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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