I can't comment on the valuation of other companies as the market seems to make no sense with their valuations.
On the basis of where the market has been valuing CSS and with the recent rise I don't see it making it to 0.029 this week, perhaps once the quarterly report is out at the end of July.
If the buying from this week continues then there is potential for more sellers to appear to soak that up and take a fair profit from the recent capital raising.
Long term, if they can get back on a sound cash footing with profitable kingfish division then it allows them to get back into trying to work out the SBT, which is where the real blue sky comes in.
I can't comment on the valuation of other companies as the...
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