CTP central petroleum limited

stupid question re: renouceable rights, page-8

  1. 3,084 Posts.
    lightbulb Created with Sketch. 5
    you have to exercise FIVE CTPRA's to get a free options.

    So for 37.5c you get 5 shares and one options.
    Of course if you have to BUY the CTPRA it will cost you a little more.

    - Karl
 
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