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0.00% 11.5¢ calidus resources limited

Hi Motors,whilst I too would like to see an increase in the SP,...

  1. kiril
    2,892 Posts.
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    15/09/12
    13:28
    Post #: 10724162
    Hi Motors,

    whilst I too would like to see an increase in the SP, cant really see the market putting 20 times the sales revenue to determine its MC.

    Why not use the EBIT number, then multiply it....and that will tell you why the market is still valuing us at $4.5m.

    We need more than Thermalife, to justify your hopes...and that may well be on its way.

    Kiril.

    I hold.
    CAI Price at posting: 0.3¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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