As a long term holder and non trader in CDU, I'm more than happy for the company to remain suspended whilst negotiations are on-going. 1,2,3,6 months doesn't worry me at all. Would I have this attitude if I was 100% satisfied the daily trading of CDU securities was fair and equitable, probably not.
At least I know 100% the project is being advanced everyday whilst finance negotiations continue in parallel during the suspension. $125M in the bank and zero debt they can take all the time they want. Realistically negotiations will probably be done & dusted by the AGM.
Like last time the biggest moaners will be the non-holders all suddenly crawling out of the woodwork!
PS watch the CDU daily shorts jump all over the place whilst not a single share is traded on-market during the suspension. Fair and level playing field, yeah right.
suspenders, page-11
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