CAI 0.00% 11.5¢ calidus resources limited

Yes, a few posters have pointed to the dilution due in June...

  1. 5,264 Posts.
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    Yes, a few posters have pointed to the dilution due in June 2019, and unfortunately, it's massive.

    I like the project's potential, and the management team, but the share structure is a shocker.

    Current shareholder dilution of over 150% in June 2019 - ouch!

    I'll keep watching for now though.

    If they structure things up properly after June 2019, and with the right consolidation timing, it could do well.

    Gw
 
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