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3.13% 6.6¢ cardiex limited

This entitlement offer troubles me. A very attractive offer on...

  1. applesanddiamonds
    610 Posts.
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    10/01/24
    11:37
    Post #: 71808894
    This entitlement offer troubles me. A very attractive offer on the surface.

    I guess it has to be a very good offer to get support but upon re listing the new price will drop to 8c.
    I don't have clarity on what will drive the price up from 8c to the option price of 20c....and beyond.

    To me it feels like one step forward, two steps back.

    Still have a couple of weeks to convince myself one way or the other.
    CDX Price at posting: 12.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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