I think Creso will do very well from here with some patience.
Given the 63c takeover offer received a few months ago, many see serious value.
I think they were right to knock it back, as it was too dependant on the value of the script of Pharma Cielo, and not just an outright share buy at 63c. So, more risk this way.
I think there will be other better offers that will come from cashed up Canadian MC companies.
CPH Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held