CIX 0.00% 47.0¢ calliden group limited

Calliden has re-affirmed guidance for 2013 of $10m.That puts the...

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    Calliden has re-affirmed guidance for 2013 of $10m.

    That puts the stock on a P/E of 3. Lots of franking credits too, and it seems the focus will be on paying out profits as franked dividends.

    If they can deliver that sort of profit with the lower risk profile they now have, the shares must be worth at least 30c, IMO.

 
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Currently unlisted public company.

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