CAI 0.00% 11.5¢ calidus resources limited

its distribution news.., page-18

  1. 59 Posts.
    I understand holding oppies would be a huge risk. (You buy 5.6 mil for 0.003. If its not in the money come 30/06 you either lose your 17k capital or have to pay
    5600000 x 0.015 = 84k, to convert.

    But my point is that if the expectation is 2.5 cents, 0.005 should be a very reasonable price to pay for options (you get a 20% discount). If there are people with confidence in the product and the company, and they are in for the long term this would seem great value imo.

    So I would've thought there would be small buyers of 500k-3 mil, who would take the risk and have the cash to convert no matter what the price ends up being.

    But then again with this company, if theres a pump in SP followed by a TH its good news. We just gotta wait to see how good i guess
 
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