Not sure where you get your figures BLO?
CSE has 2.76 mil in the bank as of 30/06 and 126.65 mil shares or 2.1 cents per share cash backing.
CSE shareholding in SYR has a notional value of 11 mil shares at $2.45 divided by 126.65 mil shares, then subtract corporate tax rate. Circa 14.9 cents
All up a value of 17 cents
Not sure where you get your figures BLO?CSE has 2.76 mil in the...
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