CDU 0.00% 23.5¢ cudeco limited

asic complaint and the high court, page-24

  1. 30,924 Posts.
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    Hang on a sec - just popping outside ....

    .... no, not a full moon.

    Wow, what a collection! JC saying I am abusing my privileged position, gjcl including me on a list of paid downrampers to ASIC, turbo guaranteeing CDU will rebound - happycats is right, the ASIC compliance officers will be rolling around on the floor creased up with laughter when they check out HC to verify the claims .... roh is keeping a file of my posts, it just goes on and on.

    This is the market folks. It will never be perfect. There will always be people abusing their positions with unlicensed financial advice such as "buy when I buy", coming up with cunning strategies to tweak share prices and the like. It's been going on for at least three hundred years. If, and it is a big if, if ASIC do get involved and manage to prove, rather than rely on a pile of coincidences, that there was manipulation when the JORC came out (how they would do this is a mystery) then what could they do? A few smacks on the wrist and that'd be it.

    Eventually the fundamentals will put the sp where it should be. Many fundamentals for CDU are still unknown at the company's choice, so the sp languishes because a cornerstone investor, a previous saviour of the company from the pesky mum 'n dad investors who cause all the volatility, has got fed up with waiting and bailed. Even that raised calls for ASIC to get involved! No free market allowed for CDU shareholders.

    Some of you need to grow up. Shorting is a reality and legal. Bots are possibly legal (probably not after that court case) but should be banned, IMO. Churn is probably mostly imaginary. CDU is worth what it is today because of demand and supply. The supply is there because of the company's inability to meet its own deadlines, and the demand is missing because they won't tell potential investors how much cash they need to complete, a revised JORC or even WHY the crusher is eight months late and counting.

    See you at the senate enquiry hOOts. Should be a real giggle!
 
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