CDX cardiex limited
Add to My Watchlist 2.44% ! 4.0¢

If they're raising $11.5mil USD, $17.75mil AUD at the current...

  1. Salubrious
    6,815 Posts.
    lightbulb Created with Sketch. 1794
    clock Created with Sketch.
    15/08/23
    18:53
    Post #: 69354295
    If they're raising $11.5mil USD, $17.75mil AUD at the current exchange rate.

    That implies a price of 17,750,000 / 120,000,000 = $0.148 AUD per share, about a 10% discount to the closing price of $0.165.

    Plus the allowance for 18mil extras.

    If we get a nice cornerstone in at $0.148, IMO it'll bag from there.

    https://hotcopper.com.au/data/attachments/5509/5509819-7186c5b8a338fa36244c8047ff5218af.jpg
    CDX Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

DAL Maiden work program to commence for Blue Lagoon Zirconium, Niobium and Rare Earth Project in Greenland
right-arrow Created with Sketch.
LU7 Lithium Universe Acquires Global Rights to Transformative Solar Panel Recycling Technology
right-arrow Created with Sketch.
NEWS Trident Infill Drilling Results Confirm Resource as Development Gets Underway
right-arrow Created with Sketch.
NEWS INOVIQ Kills 88% of Lung and Breast Cancer Cells with New Lab Treatment
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem
right-arrow Created with Sketch.
NEWS Infill Drilling at La Negra Returns High-Grade Silver with Standout 28m at 507gpt
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
4.0¢ 		Change
-0.001(2.44%) 		Mkt cap ! $17.94M
Open High Low Value Volume
4.0¢ 4.0¢ 4.0¢ $8.917K 222.9K

Buyers (Bids)

No. Vol. Price($)
2 42079 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 43332 2
View Market Depth
Last trade - 10.12am 20/06/2025 (20 minute delay) ?
CDX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.