Australia's largest stock trading and investment forum Australia's #1 stock forum

CDU

Click for more information

0.00%

23.5¢ cudeco limited

Suspension, page-4

First 4 Last

Share
Profile

Follow
shadowboxer1

2,755 Posts.

06/08/15

10:57

Post #: 15760467
Share

Originally posted by ozblue ↑

"Funding/CAPITAL RAISING"

What do you do if you want to gain control of the company cheaply? A. You try and raise as close to existing price as possible so that market price goes below cap raise price, then as a large holder don't participate.
The cap raise is a failure, the price tumbles.
You then do another cap raise at a much cheaper price, but close to existing price, and repeat.
At a really low price, in comes the white knight with the offer 50% above current price ie 20c or so to mop up all shares.
The Chinese are playing this game beautifully.
Of course there are alternatives like they did with MGX.

Expand

So in theory this fantasy doesn't have an underwriter then

CDU Price at posting: $1.11 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 498 more messages in this thread...

First 4 Last

Add CDU (ASX) to my watchlist

SPONSORED BY