CHZ 0.00% 10.5¢ chesser resources limited

I think so the company has $0.04 per share of cash and those who...

  1. 111 Posts.
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    I think so the company has $0.04 per share of cash and those who buy in and assume a mother capital return would get cash back plus hold onto their shares to see what / who does something with the company going forward. Rather than CHZ giving all the cash back on day 1, it looks like funds and new investors see value in buying shares and returning cash at some point. otherwise why would you buy CHZ at present ? when it has no real assets left and a Board of 6 on a company that is doing not much ??
 
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Currently unlisted public company.

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