CAI 0.00% 11.5¢ calidus resources limited

will bounce tomorrow, page-6

  1. 3,590 Posts.
    lightbulb Created with Sketch. 599
    If they can get over the line without any further dilution that would be great..
    Currently sitting on 9M market cap..
    next few targets to be achieved within a few months.. And distribution to happen soon imo.
    Today i made a decision to hold long term 1yr at least. I firmly believe this company can reach 5c with distribution deals throughout Australia , and 10c once international markets are tapped into.. The breaking of the ice ( first deal) is the significant one, others may follow like domino's.
    Even at 5c the market cap is 45M , how many companies out there are 50+ million cap yet they dont have a cent revenue..
    Market is massive on revenue producing companies in such vulnerable times...

    There should be a slow steady up trend ( long term) as ann should be rolling in .. The TGA approval was the big one to get the engine started..

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