There is nothing we can do but wait and hope something rises from the ashes. Until this goes into liquidation then there is still a company. The idea of a voluntary administration is to seek alternatives other than winding up the company, so until Chadwick suggests otherwise, CSD still lives.
If those metal prices get any higher, someone will come in and buy the lot for $200 million!
$200 million - $50 million = $150 million
$150 million / 890 million = 16.8 cents per share.
Currently, I'd take that!
;-)
CSD Price at posting:
2.5¢ Sentiment: None Disclosure: Held
