I am watching every move here, although i am currently a holder i have set my cut my loss price at 15c and we are fast approaching that number. I have to say that potentially CAS have some great areas, but the remuneration committee need orientating, for a junior of this size and with the potential further lows in iron ore (listening to the analysts) it appears that CAS have lost some corporate direction.
Having spoken to other holders the biggest fear is that they are heading in the same direction as Mundo Brazil. Search the history and you will understand what i am saying.
CAS Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held