CAI 0.00% 11.5¢ calidus resources limited

announcement, page-55

  1. 2,077 Posts.
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    Sorry Warnie, but I don't know if it is the time or that my brain has gone to sleep.

    If I buy 1m shares at 1c it will equal 10k

    The share price goes to 2c and I have 20k total (principal + gain).

    Lets say their are 1 billion shares on offer.

    The company decides to do a CR and now we have 2 billion shares on offer.

    The share price now drops back to 1c.

    If I sold 1m shares at 1c will I still not get back 10k minus brokerage?
 
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