CDU
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0.00% 23.5¢ cudeco limited

the $6.50 oppies, page-2

  1. iceman101
    1,576 Posts.
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    02/01/13
    22:16
    Post #: 11244421
    Hooter

    Surely you are not suggesting that they had no value?

    When they were issued they had a genuine value of about $10M. To suggest that because they expired worthless implies that at they had no value when they were issued is to not understand option valuation.

    Too many beers over Xmas mate.

    I am the Iceman!
    CDU Price at posting: $4.31 Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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