CAI 0.00% 11.5¢ calidus resources limited

today tonight!!!!, page-57

  1. 7,746 Posts.
    "my calculations show that the share price should be at least 0.008 but its not"

    FinX, that's about $10mil MC.

    If I can find you an unlisted company with $900k in the bank, about $1.4mil in debt (convertible notes) and losing $600k every 3months. Would you buy it for $10mil?

    I'm only asking because I see an opportunity to make a quick buck off you. Think I could probably buy a company like that for $1 and sell it to you for $10mil.

    DMG (Dragon) just did a capital return yesterday and fell 97% leaving them as a shell. Maybe you could buy that for $10mil?

    Interested to see your calculations on how you valued PNO. Did you use fundamentals? Maybe some very optimistic forward projections not based on the last 12months of sales?

    Also interested in why you think we are in a better position. We had more cash before. Higher market cap making CR less dilutive. And imprtantly we had more hope as Thermalife was unknown. The unknown becomes more known every day of mediocre sales.
 
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