Postmanpat: "It is in the upper level of that "range" atm I feel"
From a fundamental perspective the stock appear expensive with a high PE ratio, low dividend yield etc. While CST may, and most likely will go up over time, there is, in my opinion, better value to be found elsewhere on ASX.
$1000 invested in CST 3 years ago (a normal investment horizon) is worth approx the same amount of dollars today, and that includes the very skinny CST dividend. The low liquidity in the stock adds to the CST risk factor. There are no fast exit avenues should bad CST news hit the wire.
More advanced TB testing technology which makes in-surgery diagnostic possible may one day, once approved, render the CST current lab based technology obsolete. Just the way CST’s current technology is now making inroads replacing the old skin test.
Postmanpat: "Somebody seems to be taking exception to Lopezs posts and has them removed, bit poor if you ask me"
It appears that the 'here, there and everywhere' Cheer Squad leader, who is glued to the seat with eyes fixed on the screen 24/7, guard Cellestis like a pit-bull terrier. Being on a mission to have anything with a negative slant removed - quickly.
The CST board becomes a one-way opinion street, just like that other SideStreet board, with little point in initiating a meaningful dialog about issues concerning the company. Imo, this is not a desired development for HC traffic, nor for the exchange of investment opinions among interested parties.
Thank you for posting and Good luck with your holding(s).
CST Price at posting:
$3.70 Sentiment: None Disclosure: Held
