CDX 9.09% 6.0¢ cardiex limited

Technical 200dma bullish cross, page-16

  1. 258 Posts.
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    Thanks Lucretious, you make a good point about the options. As far as I can see (please someone correct if I am wrong), there are 179M options at 5 cents. If struck, that's $8.95M in the bank, but about a 16% dilution hit. As you say, something to be mindful of.

    Agreed though, this is a different company than it was 12-18 months ago. Its a lot more focused and has a strong team behind it. CC has matured in the role and has a strong vision which is coming through. Opportunities in this market space are endless and CardieX is well positioned to capitalise.

    AIMHO and DYOR
 
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