CTP 1.89% 5.2¢ central petroleum limited

what are ctpra please?, page-13

  1. 275 Posts.
    The rights (CTPRA) allow you to buy the number of CTRPA shares you hold for 7.5c each. With every 5th getting 1 free option.

    If you sell these you will need to see if you can get them @ 7.5c on the market without the free option.

    Basically.. if you had 10,000 CTPRA, you could buy 10,000 CTP @ 7.5c (regardless of current market) and get 500 free options for free.

    Total Cost: $750.
 
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