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.
CGP Price at posting:
7.1¢ Sentiment: LT Buy Disclosure: Held