CDU 0.00% 23.5¢ cudeco limited

townsville port, page-51

  1. 8,885 Posts.
    lightbulb Created with Sketch. 1906
    In addition WM has publicly shown there is no longer CDU interest in taking over the block immediately south of SW anomaly. There were plans to run an access road through the plot - good road base there apparently - slim pickings otherwise. Alas without that road Hooters bar and grill may consider a location with more passing traffic.

    JS I have no issue with folk coming and going off the register to maximise their ST profit, and it creates "genuine" liquidity. Hoot is just saying where he thinks SP is going in his opinion, I have a differing opinion. However started to move 70% of my assets into cash about 6 weeks ago - I'd rather wait out two events - US and China leadership elections. CDU is not one of those assets, It is 99% that Mr Xi and Mr Li will go onto lead China [Mr Bo went by the way]. That will bring a new wave of Stimuli, but if one or the other is pushed aside - look out. Now I believe there is a stalling of that process in order to see how the USA event unfolds - a US Republican win will ring a big push from the old school side of Chinese politics. An inward looking China is not what macro economics required. Funny theory [as can be demonstrated with two bar magnets] a US Democrat win will maintain stability to USA and a slide to the right by Chinese - a Republic win would only bring a honeymoon market spike and a mirrored slump downhill from there, while China shuts up shop for a spell. Just my thinks in ink.

    Cash maybe King - but copper is the Queen.
 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.