Valuation ?, page-3

Would this need to change anything in CSE's plans? My understanding from recent announcements and meetings indicates:
- Sell SYR shares this financial year. *Next weeks SYR quarterly may provide the catalyst for a block or series of clock transactions to strategic buyers or funds.
- Next financial year pay a franked dividend to CSE shareholders, after paying capital gains tax on the SYR shares that were sold
- Distribute the remaining assets to shareholders. These would have been Jacana shares but it now looks like it will be ASX:STA shares.

If the process goes like that there will be plenty of $ floating around to contribute to any STA capital raising. Perhaps they STA shares will not be distributed and CSE will retain them with enough cash to contribute to a capital raising...(?). I would prefer things were kept clean and CSE just distributed everything, but the Directors know best.