For those fellow holders like myself who have been contemplating...

For those fellow holders like myself who have been contemplating whether to participate in the CR @ 0.005 whilst the share price is @ 0.004 the following maybe useful.

I was wondering would I be better off just buying on market @0.004 rather than buy my allocation at 0.005?

My analysis is based on the following assumptions

1. If you buy on market you buy at 0.004 only
2. However you buy, you only buy your entitlement amount ie 1/10th of your holdings
3. The starting number of shares you have make no difference to the outcome
4. There is no time value factored into the options ie if heads are 0.012 oppies are worthless, if heads are 0.013 oppies are worth 0.001 and the price always follows this direct relationship.
5. No tax or personal circumstances are factored in
6. This is neither financial nor medical advice so please DYOR

So after crunching the numbers the following is the question I realised I have to ask myself.

"Do I believe that the heads will be worth more than 0.016 before the oppies expire?"

The reason this is the question is because given the above assumptions hold true then this is the price that your portfolio is worth the same whether you bought at 0.004 on market or bought through the CR. If the share price goes above this then your portfolio is worth more if you bough through the CR.

This can be seen from the following examples, I just picked a million units as an example amount - NB it doesn't matter how many you hold the break even point is the same :

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7	Column 8	Column 9	Column 10	Column 11	Column 12	Column 13	Column 14	Column 15	Column 16	Column 17	Column 18	Column 19	Column 20	Column 21	Column 22	Column 23	Column 24	Column 25	Column 26	Column 27	Column 28	Column 29	Column 30	Column 31	Column 32	Column 33	Column 34	Column 35	Column 36	Column 37	Column 38	Column 39
0	Current Shares Held	1000000			Predicted future Price	$    0.016							Buy on Mkt @0.004		Buy through CR Purchase same $ amount as CR	125000		Cost to buy in CR	500 New total share holdings	1125000		New Share level	1100000			Options	100000								Value of holdings	$ 18,000		Value of holdings	$  18,000

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7	Column 8	Column 9	Column 10	Column 11	Column 12	Column 13	Column 14	Column 15	Column 16	Column 17	Column 18	Column 19	Column 20	Column 21	Column 22	Column 23	Column 24	Column 25	Column 26	Column 27	Column 28	Column 29	Column 30	Column 31	Column 32	Column 33	Column 34	Column 35	Column 36	Column 37	Column 38	Column 39
0	Current Shares Held	1000000			Predicted future Price	$    0.015							Buy on Mkt @0.004		Buy through CR Purchase same $ amount as CR	125000		Cost to buy in CR	500 New total share holdings	1125000		New Share level	1100000			Options	100000								Value of holdings	$ 16,875		Value of holdings	$  16,800

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7	Column 8	Column 9	Column 10	Column 11	Column 12	Column 13	Column 14	Column 15	Column 16	Column 17	Column 18	Column 19	Column 20	Column 21	Column 22	Column 23	Column 24	Column 25	Column 26	Column 27	Column 28	Column 29	Column 30	Column 31	Column 32	Column 33	Column 34	Column 35	Column 36	Column 37	Column 38	Column 39
0	Current Shares Held	1000000			Predicted future Price	$    0.017							Buy on Mkt @0.004		Buy through CR Purchase same $ amount as CR	125000		Cost to buy in CR	500 New total share holdings	1125000		New Share level	1100000			Options	100000								Value of holdings	$ 19,125		Value of holdings	$  19,200

Based on this my answer to the question is yes I think it will go above 0.016 so for me the CR is the way to go. GLTAH.