CAI 0.00% 11.5¢ calidus resources limited

yet another under the radar biotech, page-15

  1. 204 Posts.
    In April 09 the sp moved from 0.1c to 1.7c and then move down to 0.4-0.6 and in Nov 09 broke 0.6 and move to high of 1.3c.

    I believe this move will take us to about 2.5c - 3c mark because we need to raise at least $2m from the 100m share placement by early Feb.

    To get to 10c we need new patent announcements from Europe/Canada/Australia/India and the development of Savantac and Red products (see annual report).

    PNO and OBJ have John Palermo as co secretary and Dr Quirk as director. Thus I disagree with the suggestion that the OBJ-3M deal will affect the PNO directors effort for the co.
 
watchlist Created with Sketch. Add CAI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.