CDR 2.78% 3.7¢ codrus minerals limited

takeover speculation - cdr, tls and optus, page-3

  1. 151 Posts.
    no worries, dexterbland. I've held onto CDR for a while, so am well in profit already but am holding on. If you think about it from a commercial (even a logical) perspective, why would a company takeover another company only to later stop the rollout? My belief is that they stop it for a very good reason. CDR would have done their due diligence on iBurst a while ago and would therefore know its worth. The only thing that may have changed is a suitor has come in and is now looking at CDR according to the rumours doing the rounds. I have worked for several companies that have been taken over before. A similar scenario took place then, so that is what I predict. The above is not advice or a recommendation, please do your own research.
 
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