Still the best ASX shell play now -$3.5m EV

Updated TA and FA analysis from Twitter.

CSE - most de-risked 'shell' play on the ASX

•$10m mkt cap
•$1m cash + $12m of $SYR shares held + $0.6m unlisted investments
•Negative $3.5m EV
•Only 120m SOI with T20 holding ~70%

Upcoming Catalysts:

•Acquisition announcement
•$SYR share price appreciation and exposure to EVs/battery metals (graphite)
•ThinkMarkets $300m IPO