SSN 0.00% 1.5¢ samson oil & gas limited

totally agree with wilson, page-25

  1. 232 Posts.
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    skyrocketer

    you spend $10,000 on SSN @ $0.061 to buy 163934 shares

    cmc spends $10,000 on SSNo @ $0.051 to buy 196078 shares
    cmc convert and spends $0.015 / share for total $2941.17

    You sell for $0.09 for total $14754.10
    cmc sells for $0.09 for total $17647.06, less $2941.17 = $14705.88

    you profit $4754.10 = 46.54%
    cmc profit $4705.88 = 47.06%

    Unless for some strange reason, cmc sells SSNO for $0.08 instead of convert , then $0.08 * 196078 = $15686.27, or 56.86% profit

    do the maths correctly :-)

    Cheers
 
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