Considering the share price has been trading just above the issue price for this CR I am impressed by the take up of entitlements, note I took up my full entitlement. I was anticipating a much lower take up rate.
I see this rapid expansion by CSS coming about as a defensive measure due to potential new competitors, hence CSS trying to get a jump on others with the advantage of their proven track record along with expansion of supply based around new opportunities from their newly commissioned in-house production facility.
CSS Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held
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