CGP 6.78% 6.3¢ consegna group limited

cgpoa, page-4

  1. 6,815 Posts.
    lightbulb Created with Sketch. 206
    Some may convert the CGPOA's when its time in 3 - 3.5 years.

    But quite frankly, it is the leverage play with the aim to buy still at half heads price and later to sell them with a much higher percentage gain. That's my goal.

    Example:

    $ 7000 buy you 100.000 CGP or 200.000 CGPOA

    Assuming heads reach 20 c, the oppies would be at least 14c worth. ( 6c ex-price )

    That gives you $ 20k for CGP and $ 28k for CGPOA's.
    That's where the money is still to be made and why Sam and I were and are so bullish on the CGPOA's.

    Another great day and where are all the chartists who predicted the fall back to 6 c ?

    Fundamentals are driving the sp, charts are tools for those who got no idea about a stock.
 
watchlist Created with Sketch. Add CGP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.