"I have no doubt that there will be a provision for someone to pick up the almost certain shortfall from the proposed SPP." GZ
Well I have three separate portfolios with CAS shares, so for starters that is $45k that will be in the short fall tally. There is no way I'm investing another cent in this stock until management can present a strategy that can earn us, shareholders (as opposed to them, directors and management) money.
Their last financials clearly spelt out where $2 m goes each year, now it's time they clearly inform us how income will be generated!
CAS Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held