I was planning to jump on board given the substantial fall in SP over the last couple of months. I feel that the SP may be a little undervalued at present but my main concern is the 5% voting power that UBS has. There are some talks that UBS is not looking that well and my gut says that this would not be good for CSS - especially given the current climate. Could it fall to 10c given the current situation..MMmm..I am not sure but it does seem that long term holders are dropping out slowly which is a major concern. Any thoughts would be appreciated as I would be willing to sacrifice a few dollars now that I am getting bored with the daily ups and downs of the market. It is becoming difficult to trade blue chip stocks so I thought I might just look at a couple of speculative/developing companies for the long hall.
Cheerio Nikess.
CSS Price at posting:
39.1¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)