Value, page-7

I think at $4.70 SYR, if you can pick up CSE at 27c you have a discount of 27%. But the two stocks don't seem to move in tandem all the time.
Put another way, if you can pick up CSE at 27 cents, SYR can fall to $3.30 before you are losing out on the deal, in theory. But again if SYR fall to $3.30 I doubt the 27 cents would hold in the CSE share price.
Certainly at a discount at the minute.