Gself, I don't know why you say things like a 5c cap raising is...

Gself, I don't know why you say things like a 5c cap raising is likely and that banks wouldn't touch this. Yes, CSE would like someone like KZL to make a fair and reasonable offer but they have no reason to go into panic mode just yet.

Since KZL have purchased approx. 18% of this company at 11c already I cannot see the SP falling much below current 12c level...shareholders 'get nervous' from reading scare tactics posted by others with interests elsewhere. LOL. To the contrary, I believe that we will find a base around 12c and we can wait on a further offer or better still a new player who can fully appreciate the potential of the company.

KZL have already shown their hand, they own 18% of company, are willing to pay at least 11c and obviously will not sell their stake in the company...nor will the other institutions who also realize that the company is undervalued. KZL, IMO are giving up 60m in profits (over a few years) if they let this slide. Looking at their balance sheet, they could do with some positive cash flow.

Boondog, if you are nervous about the CSE share price dropping then you should probably sell. Also if you believe anything that your fellow KZL holder (i.e. gself) writes then you should definitely sell. Boondog, from your posting history it seems that you speculated on CSE share price taking off following the KZL takeover announcement - fair enough I have done a similar thing recently and am quite content to hold for a few months at least.