CAI 0.00% 11.5¢ calidus resources limited

placement of 100m shares at 1.07c, page-20

  1. 5,795 Posts.
    lightbulb Created with Sketch. 107
    Fluffy nymph

    I was thinking similar trying to put a positive spin on the whole thing.

    The placement shares probably won;t settle for a few days now so it will be in the best interests for all to keep it up.

    The other thing is the record date which if it is a few weeks may see everyone wanting in to get their hands on 1c shares especially with more news looming soon.

    If you didn;t know better the price for the average punter is fantastic as how often do you get something at a 50% discount which could get you 100% return. Punters could drive this up just to be a part of it and then the higher it goes the more lucrative the shares get so where will it stop - certainly when the sophisticated guys start to sell. How many will they sell if they know when the news is coming.

    Interesting trading ahead.
 
watchlist Created with Sketch. Add CAI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.