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One would hope that the HH shareholding should not in anyway...

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minoil

11,028 Posts.

923

14/10/20

09:43

Post #: 48075407
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Originally posted by skinsy11 ↑

My current thoughts on where the company is at and what is holding it back. My guess is that until the question around the ownership of the shares held by the two largest shareholders is decided by ASIC there will be little movement in CSE. The shares in dispute which ASIC might require be sold could be shares to be picked up by Tolga at a price that represents their current market value, nice entry. It would provide a sizeable 'cornerstone' / 'controlling' holding. The ownership of the shares which have been stated to be held for Mr Hatch, needs to be first resolved by ASIC. Until then, we CSE shareholders drift with the market for SYR. Why would someone back in a potentially valuable prospective asset if 15- 20% of the ownership has not been resolved. For ASIC, as they said on 'Yes Minister', 'in the fullness of time'!

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One would hope that the HH shareholding should not in anyway determine whether CSE stays asleep or not.....it's no excuse for doing nothing....it's only 20 odd percent....easily diluted out

CSE Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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