This is my simple Excel spreadsheet to keep track of CSE value:
VALUATION FOR CSE
29/11/2012
SYR Share Price $2.75
No of SYR Held by CSE 11,000,000
CSE Shares on Issue 107,000,000
CSE Cash on Hand $2,900,000
Value of SRY Holding $30,250,000
CGT (COST BASE $2.23M) -$8,406,000
= CSE Asset Backing $24,744,000
Value per CSE Share $0.231
Current Price $0.190
Discount $0.041
Discount % 18%
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This is my simple Excel spreadsheet to keep track of CSE...
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