CAI 1.22% 40.5¢ calidus resources limited

double bottom? 2 cents?

  1. 12,787 Posts.
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    maybe not a double bottom yet but after reaching an October 16 high of 9.5 cents it is now back to July levels. Quite an interesting investment they have in China with the financial backing of the Chinese government. But as we know most businesses do fail in China but phamaceuticals may be what the Chinese really need. If it does succeed (and it looks like it is), at current prices it is quite undervalued!
    Becareful as there is a big selling lurking out there......might be worth a look when he nicks off. Anyone else following it?
 
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