CIX calliden group limited

Looks like its given a kickstart to the share price.I tend to...

  1. 1,461 Posts.
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    Looks like its given a kickstart to the share price.

    I tend to agree with the valuation (conservatively, optimisitcally i think quite a bit more).

    Apart from analyst coverage I am assuming the near term catalyst will simply be the company avoiding any major catastrophy related claims and the subsquent achievement of the guidance.
    I think at the current price little faith has been given by the market in the guidance AND I think at this point that is fair enough - the managment has to prove itself before holders can put blind faith in there statements....they are no Credit Corp yet :P
 
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