That is my take also. It is very unfortunate that this is happening right now as the revenue turnaround has already begun. In the end it just came a couple of months too late. Now we just have to swallow the bitter pill of dilution and move on.
I'm sure that CAI will be trading closer to $1 than to 10c by Christmas, and I intend to fully participate in the CR to minimise my own dilution.
Best of luck to all current and Ex holders.
All IMO.
Ann: Restructure positions Calidus for strong growth in cashflow, page-32
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $91.36M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 11.5¢ | $511.3K | 4.234M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 707274 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 619276 | 7 |
View Market Depth
| Last trade - 13.08pm 15/05/2024 (20 minute delay) ? |
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Last
12.3¢ |
Change
-0.005 ( 3.62 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 11.8¢ | 2090303 | ||
| Last updated 14.18pm 15/05/2024 ? | |||||
| CAI (ASX) Chart |