Australia's largest stock trading and investment forum Australia's #1 stock forum

CAI

Click for more information

7.41%

12.5¢ calidus resources limited

Well the way you see it doesn't matter ,because you don't...

First 11 Last

Share
Profile

Follow
oldgold64

2,575 Posts.

831

12/04/24

15:07

Post #: 73317498
Share

Originally posted by overjumped: ↑

Problem I see, is that this doesn't differentiate between DR's performance and the underlying performance of the commodity.

If gold continues to rip, we likely see money start flowing to the moon-shots. SP could trade > 30c for 20 days, without the underlying cause having much bearing on actual operational or financial performance of the company. Then what happens if the gold price drops and fast-money flows straight out?

DR grabs more cash from the kitty, leaving poor shareholders in the lurch (again). Although this is a target 'aligned with shareholders' from the perspective of capital gains, it doesn't really solve any operational issues nor does it solely reward DR's 'performance'. Perhaps skeptical - but DR has given plenty reason for skepticism in the past.

A rising tide lifts all boats...GL

Expand

Well the way you see it doesn't matter ,because you don't hold.
If you are correct , than long term holders will be able to participate in SSP, and triple their investment.
I KNOW I WILL BE TAKING UP FULL ENTITLEMENT.

CAI Price at posting: 12.8¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 4 more messages in this thread...

First 11 Last

Add CAI (ASX) to my watchlist

(20min delay)
Last 12.5¢		Change -0.010(7.41%)		Mkt cap ! $95.16M

Open	High	Low	Value	Volume
13.5¢	13.5¢	12.5¢	$145.5K	1.121M

Buyers (Bids)

No.	Vol.	Price($)
6	550752	12.5¢

Sellers (Offers)

Price($)	Vol.	No.
13.0¢	277416	4

View Market Depth

No.	Vol.	Price($)
6	550752	0.125
20	960403	0.120
18	1828785	0.115
9	953800	0.110
7	940875	0.105

Price($)	Vol.	No.
0.130	208076	3
0.135	288872	4
0.140	663050	12
0.145	341750	4
0.150	542621	9

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last 12.8¢			Change -0.010 ( 3.77 %)
Open	High		Low	Volume
13.0¢	13.0¢		12.5¢	960726
Last updated 15.18pm 03/05/2024 ?

CAI (ASX) Chart