I get where you are coming from. On reflection and taking on board your comments, thank you, yes I think its highly probable we will do a CR before March 2021 blue spec payments. I think mgt know cashflow is a juggling act until Macq funding hits, which is why they have 2 options on the blue spec payments with the options only being a few months apart i.e. a few months matters.
Personally I'd still like to see the CR done way above 51c though, it dilutes too much at that level and it sets the bar too low. Who knows whether retail would be involved in the offer and even if they were, any existing holders who wanted more had plenty of opportunity over the last 3 weeks (I took a nice parcel at 51.5c), so what us holders want now is price appreciation.
Good luck JJ and all other holders.
- Forums
- ASX - By Stock
- CAI
- Ann: CALIDUS SECURES $110 MILLION DEBT FINANCING FOR WARRAWOONA
Ann: CALIDUS SECURES $110 MILLION DEBT FINANCING FOR WARRAWOONA, page-54
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
Add CAI (ASX) to my watchlist
|
|||||
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CAI (ASX) Chart |
Day chart unavailable