CSE directors own almost no stock yet reckon it is violently undervalued, why are they not buying to show there confidence???????
This company will not get any other bids as it is next to worthless to anyone else but KZL, if KZL walk it will not stay at 12c and KZL to date have not purchased the 18% these have been pledged should the takeover go through.
CSE will not get bank funding by thier own admission in the company report.
If they drop to pre takeover price which is quite likely then a raising would be at around 5c with no guarantee of proving up a sufficient resource, what would a holder do, buy in a raising at 5c or wish they had taken the 11c, that is the most likely outcome should they walk
CSE directors own almost no stock yet reckon it is violently...
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