CSM cosmo gold limited

looks like the market is saying too low, page-7

Currently unlisted. Proposed listing date: TBA
  1. 5,048 Posts.
    i wasnt too keen on it either but with more thought i figure csm had a pretty week balance sheet and they havent been setting the world on fire with the performance of their divisions. perhaps in this environment of booming commodoties csm didint have time to turn the ship around and become the player that they felt it was necessary to become in order to take advantage of chinas thirst for metals.

    if we look at it as though we have 40% of our original 100% but we have gained exposure to 40% of a much grander plan then we may not be doing too badly.

    i do agree that gilbertson is getting our assets for merely shareholder blind faith in his ability to deliver a bigger picture but unfortunately we small fry will always play second fiddle in big business.
 
watchlist Created with Sketch. Add CSM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.