CSE and SYR relativities, page-3

It's a tough call on CSE as you say because if they do sell their stake in SYR there would be a very large franked dividend which is what I was hoping for when buying. In that case (let's assume no change in the SYR price for the time being) then the discount contracts further and I would have sold out too early.

There is a chance though that nothing happens on this front and even with no change in the SYR price CSE could easily fall back to 32 cents placing the discount to levels we have normally seen the last few months.

HHY I think from last check had maybe a third of their very small company invested in CSE. I would at least see some small upside through a holding of HHY if the SYR stake was sold.

I would ideally see the SYR price take a breather maybe to $4 and buy the CSE shares around 28 cents again, probably wishful thinking.