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

CAI

Click for more information

0.00%

11.5¢ calidus resources limited

You have sold all and made up your mind not to buy in again for...

First 749 Last

Share
Profile

Follow
Grab

163 Posts.

15

07/03/23

08:44

Post #: 66637167
Share

Originally posted by elzephyrus: ↑

What you highlighted in yellow, in my mind, can be the only reason to explain the share price going up yesterday. For me, the announcement was a sell when compared to the previous presentation in February. Whatever the case, there's still a long way to go before they can run a sustainable operation (based on debt due and hedging). It looks like MacQuarie let them off the hook again with a $5m payment for the quarter (unless there will be another payment this month). The debt doesn't go away. Future payments will need to be higher if positive debt restructure doesn't happen.

Expand

You have sold all and made up your mind not to buy in again for the same reasons, what caught your attention again. Sentimental guy aren't you.

Last edited by Grab: 07/03/23

CAI Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

DUR

Duratec snags $76.5M in works from Woodside and Defence respectively - including spy network upgrade

FBR

FBR's robotic home construction tech passes first US early-stage structural compliance check

GL1

Global Lithium latest hit by lithium downturn; shares fall -10% as Manna DFS paused

FRB

Firebird snaffles Environmental Permit for Jinshi plant

SDF

Steadfast Group sees $600M wiped off on resumed trades after Four Corners feature

There are more pages in this discussion • 139 more messages in this thread...

First 749 Last

Add CAI (ASX) to my watchlist