CAI 0.00% 11.5¢ calidus resources limited

CAI Valuation - comparison to peers, page-163

  1. 312 Posts.
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    You have to look at the TA to understand what is happening. A gap was created 23/10/23 and traders are forcing it down to 13.5 c (perhaps a cent lower as often happens in gap fills with a stock at this Sp). Then they will fill their boots and let it rise to the next TA level. SMA 200 at around 17.5/18c looks likely for the profit taking sell. Yes it sucks, but you have the option to play along as well. I hold plenty but still trade a parcel.
 
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