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0.00% 7.5¢ copper strike limited

The dilution seems to be already factored into the current SP....

  1. ASXIOU
    931 Posts.
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    24/05/12
    13:19
    Post #: 10218258
    The dilution seems to be already factored into the current SP. If it wasn't then the CSE share price would be 20c+

    On a fully diluted basis (220m odd shares post acquisition) with the 11m share holding in SYR, $2.9m in the bank at end of last quarter, the mineral sands tenements are only being valued by the market at around ~$9m...
    CSE Price at posting: 15.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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