CDU 0.00% 23.5¢ cudeco limited

sentiment has changed, page-25

  1. 2,206 Posts.
    Reading through other threads across HC there's many tales about how difficult other companies are finding fund raising. Scenarios where even signed deals are worthless until the cheques actually delivered into the bank account and cleared.
    Puts in perspective the excellent job our board achieved with raising funds(at premiums) with little dilution. Not to mention the rail and port facilities we will develop.
    The other common theme running through many threads is the damage shorting and auto bot activity is doing to companies prospects of capital raisings. Its almost like reality has caught up with the rest of the ASX as I reckon CDU was targeted very agressively long before the wider market. The activities that the on-line blogger lays bare started years ago with the CDU securities. If the ASX / ASIC had investigated and acted back then maybe many companies would be in much stronger postions? However this may all end up in a class action against the ASX as already noted on another thread.
    The thing to remember through all of this, is that CDU management did prevail and we are now full steam ahead into the mine delevopment of Rocklands. Plenty of so called experts gave us zero chance post Aug 18, 2 years ago.
 
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