CDU 0.00% 23.5¢ cudeco limited

trading halt for finance ?, page-14

  1. 4,289 Posts.
    Just when the shorters and ASX encouraged manipulating HFT churners were on the very verge of getting cheaper CDU shares...out popped that wonderful rabbit from WM's hat.
    How can this be allowed?! Surely CDU orchestrated manipulation should only be permitted to head in the one direction...down!or at the very least held! Who does this WMc think he is? a cunning broker? an even smarter fund manager...nah...he is not that clever...the churning over the years has delivered winnings...we are still $4.00 behind SFR.

    But...trading halts cause pain....but normally not for us long term holders.
    WM, I can clearly see that negotiations look like encountering some complications...in fact, by the time funding is sorted out for....rail,storage,port,more storage there, handling equipment, final plant payment,extra drilling rigs/equipment for working with rich uranium, construction assembly costs,hundreds of sealed ore carriages.....strewth I can see this halt lasting until June 2013 if it all goes well. But please free to take as much time as you like...nothing worse than having a dot in the wrong spot or a T not crossed.

    Unfortunately this will be dire news for our churning/shorting friends that just might have taken one punt/bite out of the CDU cherry too many. Some astute brokers know when to quit and it is obvious that some dont. Does this mean WMc gets the last laugh?
 
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