CAI 0.00% 11.5¢ calidus resources limited

three positives things., page-21

  1. 7,746 Posts.
    Yes. Your method of estimating quarterlies has been very accurate. Working out a "per store" figure for previous quarter and then multiplying out by the increased store numbers. From memory you calculated that the per store sales also increased significantly.

    So store numbers are growing and sales per store are growing. The rate will probably slow but the last 6months have been impressive. Important to keep monitoring the store count as an early guide for the current quarter.

    When Facebook announces TT in eastern states and the Ad then that will provide a boost.

    IF we take $800k as the break even figure, then we probably have one more cr or the options money to go. But we don't need to reach breakeven for the sp to rise. We just need it to look likely. Right now we are priced to continue losing money and raising.

    Will be interesting how long it takes for TT now that we are cashed up. Maybe wait for the shortfall to be placed which shouldn't be hard if sp maintains these levels.
 
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