I'd be very surprised if it went lower, considering EEA, WMA and many others of the T50 (71% of all SH) all have averages between 7-15c or higher. I doubt many, if any will sell under 20-25c.
Especially the guys like me, TT and many others who got sucked into all the hype "That broker" sold to everyone right TT?
Plz remember there has been little to no marketing of CAY in the last few years. This long awaited ML permit will be hit with an Aggressive, Global marketing campaign which can only make the SP go 1 way. Especially when funds start buying on market. Many are watching already, but won't commit to buying until our asset is "Derisked" with the issuance of a ML.
That's why we are still as cheap as we are. No other reason.
This stock will run hard once derisked IMHO.
As always, DYOR
Fishies
CAY Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
