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12.5¢ calidus resources limited

Hi jk.I just cant see how $5000 gets you 730,000 Keras shares??A...

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alpaka

1,045 Posts.

312

02/07/19

05:10

Post #: 39326121
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Originally posted by jk1978: ↑

Guys

The point is if you buy Keras before they distribute the CAI shares then you will receive more CAI shares than you would get if you bought CAI directly.

5000 AUS would get you approx 730K Keras shares. That will yield circa 230K CAI shares which are worth 6670 AUS. So risk doesn't come into it. The Keras shares you can keep or sell, but you have more CAI shares than you 5K would get otherwise

not financial advice just showing the theory. Do your own research.

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Hi jk.

I just cant see how $5000 gets you 730,000 Keras shares??

A Keras share currently trades for GBp0.39, so I calculate that you would get around 7000 shares for 5 grand.

Can you show me where I am wrong?

CAI Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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(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
22	1137725	0.120
18	1828785	0.115
11	1053935	0.110
8	1178970	0.105

Price($)	Vol.	No.
0.130	277416	4
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