CE1 0.00% 0.9¢ calima energy limited

Well the fact that there are 10m worth of shares on the buy side...

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  1. 1,581 Posts.
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    Well the fact that there are 10m worth of shares on the buy side tells me it's a very good deal at 10c, trouble is I am way down the list on the buy side so will watch for a while and see if I still snag some. If not I'll pick up more at 10.5c.

    The SP will stagnate for a while now and then rise closer to the distribution price as it draws near. 10.5c still gets you a guaranteed 11.25c plus residual value.
 
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