CTP 7.69% 4.8¢ central petroleum limited

technical update, page-25

  1. 35,472 Posts.
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    I disagree in the ST they will be the same, but over the full 13 months, you are closer.

    25c heads March 2013,

    Heads 72% (14.5)
    Options 91% (4.7)

    at 30c...

    Heads 106%
    Options 198%

    If you are really bullish on CTP value in 13 months, note the % acceleration of options INCL full conversion price.

    From the bottom, the oppies have moved 42% and heads 26% already.

    There will be around double the leverage at least for next 3-6 months and that's why I currently hold options and already well ahead



 
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