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News: CSE Copper Strike Says Sale Of Investment In Syrah Resources Limited, page-3

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rhsurfer

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16/02/23

16:13

Post #: 66292265
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Originally posted by skinsy11: ↑

So it looks as if we have say $19.5m and that represents say about 14.5 to 15 cents per share.
Oh and I almost forgot the two minor investments which may be worth say $0.5m. They may not be able to be realised for a couple of years.
We are now a cash box (although unlisted which affords some protection from pirates trying to jump on Board).
On the other hand, is the Board able produce a suitable investment business that has strong growth potential?
I guess we will not get much say in that.
Cheers

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Guess there will be some tax to pay out of the cash they have. I bought as a back door into SYR which has all gone pear shaped.
Just hope the investment is still safe now we are out of the ASX. Not sure I want to rely on ASIC to protect me.

CSE Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
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