CAI 0.00% 11.5¢ calidus resources limited

Ann: Trading Halt, page-9

  1. 2,339 Posts.
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    Yes I read it the same way so the important Qs are

    - how much CR/dilution did we just do to get this deal across the line?
    - does debt level stay constant or increase?

    I expect we will know today/tonight because DR will want to discuss this at his 4:30pm WA time presentation.

    One thing is for sure, the market should no longer be looking at CAI as a 50/50 survival proposition. However expensive or otherwise, this deal will mean that CAI is comfortably generating cashflows across the whole company from now on.
    Last edited by Watchfulbull: 13/03/24
 
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