CE1 0.00% 0.9¢ calima energy limited

If you are so certain that the price in the future will be...

  1. 4,804 Posts.
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    If you are so certain that the price in the future will be higher then now is the time for them to be buying more .
    The people selling disagree with you .
    The people buying agree with you .
    Unfortunately even with the buyback there are more sellers than buyers and the SP is strongly trending down.

    Their last buyback was for less than 100000 shares .
    That says to me that they have a lack of conviction in the value present at the moment .
    Their recent update signaled that the next quarterly might disappoint but just how disappointing could it be ?

    At least it is good news that the dividend will be by way of a capital return .
 
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