reading between the lines
Saw the interview with CSR and done a little bit of checking and reading between the lines.
My guesse for future of CSR.
Brazil is a pretty sure thing - but I dont believe it will be ethonol - just refining / production. CSR have thier own ethonol capability - why buy what you can set up yourself ?
I also predict the building products will be spun off or sold to Wesfarmers.
Best outcome for shareholders is if Wesfarmers bid for CSR in total and spin off sugar division. To be frank however the sugar story is good long term and is the real gem in the crown. Now that WTO have but slammed the EU subsidy circus with sugar the fundamentals have realigned back to a sellers market.
cheers to holders
CSR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
