CAI 4.00% 12.0¢ calidus resources limited

the pno story, page-8

  1. 10,378 Posts.
    lightbulb Created with Sketch. 2054
    I can not see anyone ever getting there investment back here.
    I while ago I had shares in this company but sold out when I realized how much the directors were being payed and how much had been payed to them over the years.Then when people tryed to complain about it on hotcopper,lawyers were called to keep a eye on the pno threads.I dont think it is smart to invest in a company under this kind of arrangement,and the years of cap raises and where a big percentage of that money has been spent,prove just that.
    Tripeptofen may be a big winner for the company one day,but by then there would have been many more cap raises and a consolidation or two,meaning you will be lucky to get your money back in the end.
    I only invest in small cap companies that pay a larger percentage in options out of the money to the directors,at least untill there are proven results that bring in income that can pay company running costs,along with a strong share price.
 
watchlist Created with Sketch. Add CAI (ASX) to my watchlist
(20min delay)
Last
12.0¢
Change
-0.005(4.00%)
Mkt cap ! $97.75M
Open High Low Value Volume
12.5¢ 12.5¢ 12.0¢ $28.20K 231.7K

Buyers (Bids)

No. Vol. Price($)
4 581666 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 1245649 18
View Market Depth
Last trade - 16.10pm 06/06/2024 (20 minute delay) ?
Last
12.0¢
  Change
-0.005 ( 0.00 %)
Open High Low Volume
12.0¢ 12.0¢ 12.0¢ 203491
Last updated 14.06pm 06/06/2024 ?
CAI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.