CAI 4.55% 10.5¢ calidus resources limited

Today NST delivered its results... NST reported a profit of $1B....

  1. 7,502 Posts.
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    Today NST delivered its results...
    NST reported a profit of $1B. NST is 30x's the MC of CAI
    CAI is projecting a profit of ~$90M (current mine)... on a like for like basis that equates to a notional $2.7B profit for CAI.

    I can only conclude that NST is trading 3x's above its correct share price and should be trading for around $2.50.
    All I can say is "buyer beware".
 
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10.0¢ 10.5¢ 10.0¢ $324.4K 3.209M

Buyers (Bids)

No. Vol. Price($)
50 4028457 10.0¢
 

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Price($) Vol. No.
10.5¢ 601008 10
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Last trade - 16.10pm 25/06/2024 (20 minute delay) ?
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