CST 0.00% 7.6¢ castile resources ltd

grizzly,I've got good news for you,you haven't held CST for as...

  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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