CAI 0.00% 11.5¢ calidus resources limited

the colt from old regret, page-26

  1. 5,184 Posts.
    lightbulb Created with Sketch. 1681
    10 mil lot at 0.2 cent sold today, another waiting at 0.3 cent, 0.5 cent and 0.6 cent, indicating where this rally is about to move towards to as a target.

    Underwriters will push price up to the 0.6 stage, with 0.7 cent just being touched, in my humble opinion.

    Combined with the 15 mil currently sitting at 0.2 to take advantage of the momentum, there are 55 mil shares on offer from our underwriter to offload at the early stage of the rally in the making, representing half of their shares.


    All in my opinion.


    Rally needs to clear those 120 mil of our underwriter comfortably, so I guess we look at 250 mil plus traded in the next 3 weeks.


 
watchlist Created with Sketch. Add CAI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.