CDU 0.00% 23.5¢ cudeco limited

HooterSurely you are not suggesting that they had no value?When...

  1. 1,576 Posts.
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    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!
 
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