Howdy all,
It is fantastic that the SBT was successful but I do feel that even CSS will be volatile in the short term. I have once again sold all of my holdings over the last few business days as I feel that the short term volatility in financial markets will continue for at least this week.
There are a couple of key turn dates at the moment and the most important IMO is the 24th of April. Also regarding the capital raising I do not see this as a problem - If one place on the planet can capital raise with success it is Port Lincoln - More millionaires per capita than any other city in Australia I am told.
Anyway the raising is not the issue IMO and a good/solid/long term entry level is still around the 50c mark IMO. Well done to the Stehr Group and the CSS team, top job - Creates more jobs for Australia I reckon.
Cheerio Nikess.
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