CE1 0.00% 0.9¢ calima energy limited

Ann: A$20 million Equity Raising Completed, page-33

  1. 1,711 Posts.
    lightbulb Created with Sketch. 264
    Still here bruv imho it isnt a bad outcome but im waiting for the issued shares to hit the market same thing happened when BRK CR the shares dropped by around the same % as the dilution 1-2 days of trading after the halt happened but post share being release the price kept plummeting.

    There is no options in CE1 case so it shouldn't fall by 50% like BRK did (but hey it might) but considering we are in a 'strong market' today and we are seeing a ~10% drop in line with the dilution (without any actual dilution) i reckon there is more pain to come happy im out my position at 21cents glad we didnt see a free fall allowed me to 'take profits' if your holding then good on you but thats the game i guess.

    if im wrong i still made money if im right i get more stock for the same $ - it is called edging ones bets
    Last edited by Pastry1: 09/02/22
 
watchlist Created with Sketch. Add CE1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.