CIX calliden group limited

Hi Barny. No news at all on this one. I have been holding for...

  1. 392 Posts.
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    Hi Barny. No news at all on this one. I have been holding for some time.

    The market cap has gone over $100m and assets (excluding tax losses and franking credits) were from memory around $90+ million. CIX have made a couple of acquisitions since, so there cash would have reduced accordingly.

    There is some risk on the next announcement. If showing they have reached positive earnings accreditive then share price will hover around current price. If they show an operating loss still then share price will drift substantially lower.

    Share price increase has been on no additional news, so somebody is in the know. Next ANN/report/update will be critical though....
 
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