CAI 0.00% 11.5¢ calidus resources limited

I would be surprised if 1.0 cent gets hit because any one...

  1. 1,822 Posts.
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    I would be surprised if 1.0 cent gets hit because any one looking to offload would have done this prior to the placement at a higher price.

    Additionally, RI shareholders would not sell into 1 cent for obvious reasons unless the cash is needed...

    I received my allocation this morning as well and do not believe they were available for trading yesterday PA.

    The action looks to be hotting up and i would imagine anyone who participiated in the RI would be looking to offload (if they do not intent to hold) around 1.2 - 1.5 BUT i note that this area has not been stacked yet with sell orders which is interesting.

    VERY interesting times ahead with such a micro MC... i see HUGE upside at these levels.
 
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