CST 7.23% 7.7¢ castile resources ltd

fin rev., page-11

  1. 39 Posts.
    grizzly,

    I've got good news for you,you haven't held CST for as long as you think, CST was listed on the ASX in April 2001.

    While I was looking for the listing date I came across this
    from March 2006, doesn't it mean that the share price should be $4 or $5 now?

    "And while revenue is consistently rising, critics argue that the sales revenue so far does not justify its $4.29 share price.

    David Blake, of Blake Industry and Market Analysis, believes that Cellestis' current valuation conservatively implies that it is making around $18 million to $20 million in sales a year, and booking an $8 million profit."

    kist

 
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