CAI 4.17% 12.5¢ calidus resources limited

I can not see anyone ever getting there investment back here.I...

  1. 10,322 Posts.
    lightbulb Created with Sketch. 2037
    I can not see anyone ever getting there investment back here.
    I while ago I had shares in this company but sold out when I realized how much the directors were being payed and how much had been payed to them over the years.Then when people tryed to complain about it on hotcopper,lawyers were called to keep a eye on the pno threads.I dont think it is smart to invest in a company under this kind of arrangement,and the years of cap raises and where a big percentage of that money has been spent,prove just that.
    Tripeptofen may be a big winner for the company one day,but by then there would have been many more cap raises and a consolidation or two,meaning you will be lucky to get your money back in the end.
    I only invest in small cap companies that pay a larger percentage in options out of the money to the directors,at least untill there are proven results that bring in income that can pay company running costs,along with a strong share price.
 
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Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
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