CE1 0.00% 0.9¢ calima energy limited

Ann: Appendix 2A and 3G, page-2

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  1. 8,062 Posts.
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    Well that's why we aren't going anywhere soon , 10 billion shares on issue, simple supply and demand. Yes these ones are unlikely to be sold anytime soon, but they are now in the wild and tradeable

    With 10 billion shares on issue we are going to trade at least -50% below fair value, so for mine that means not paying above 0.007/0.008 for the forseeable future. Volumes traded are nowhere near big enough to prevent regular dumps into 0.007/0.008 in my view. So this is very much a patiance game
 
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