CSE copper strike limited

Thoughts on in-specie distribution of SYR shares on a pro-rata...

  1. 193 Posts.
    Thoughts on in-specie distribution of SYR shares on a pro-rata basis back to CSE shareholders?

    Personally I'd rather have decision making control over them as my interests and the interests of the board are most certainly not aligned.

    Additionally, without being too negative towards the current board, I feel that without having a mutli million $ asset buffer sitting on the balance sheet, these guys would be incentivised to generate some sort of direction/corporate activity or roll over and let someone else take the reigns.

    A distribution would likely reset CGT cost base, but with SYR looking good, the positives outweigh this for mine.

    CB
 
Add to My Watchlist
What is My Watchlist?
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.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.