Maybe, it's hard to predict anything regarding CAS unfortunately. It could well go above ten again. But I just don't know what the catalyst would be for it to go any higher than that, apart from something out of the blue. And I think I'm being generous with the figure of ten. Tad mentioned in his post that the CR maybe setting up CAS to be shorted. I'd add to that, that the structure of the CR is also setting CAS up to be day and range traded. A high share price and a over day traded stock in the small cap space is an oxymoron. I think one of CAS's bigger problems is it's vulnerable. Just like real estate when something or someone is vulnerable, people expect a bargain. This all started when the price of iron ore callapsed which meant they no longer had funds from the posse mine to continue as usual. CAS management should have adopted a plan B swiftly when that happened. Rather they were dear in headlights for over two years. All my opinion obviously.
CAS Price at posting:
6.5¢ Sentiment: Hold Disclosure: Held
