IF everything eventuates as you outline TBW, then I do not see why it should not be knocking on the door of the year high - around the 7c mark. May not open at that price but will, IMO, ratchet up to that mark pretty quickly!
When you say "in the present climate" - I think we have to look at it from the following perspectives:
1. CSD is essentially debt-free
2. CSD has assets whose true value could be in the hundreds of millions.
3. The resources sector has reached the bottom of the cycle IMO
We should know Monday? Hope though something comes out tomorrow - otherwise I suspect there could be an extension!
All IMOO and pls DYOR!!
CSD Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.