Q: 1. Short term assets do not cover short term liabilities or long term liabilities. Any concern about buying CSU right now?
2. Will it be difficult to divest and sell CSU over next 6 - 12 months because it has a relatively low sales volume (sometimes 10k / month)?
2. Will it be difficult to divest and sell CSU over next 6 - 12 months because it has a relatively low sales volume (sometimes 10k / month)?
5i Research Answer:
CSU has more than $2B in cash and we would have no short term liquidity concerns. Dollar value of trading is usually more than $100M and we would not expect trading issues either. Our data shows total trading volume much higher than indicated in the question, with 20,000 shares yesterday alone.