CDU cudeco limited
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Ann: CuDeco Rights Issue Update , page-10

  1. h00ts
    46,902 Posts.
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    07/11/13
    12:29
    Post #: 12539544
    "Surely long term CDU shareholders will buy at least
    $35m worth of CDU Rights at $2.50 with the option attached.And the underwriter says he is committed."

    Max doesn't it make more sense to buy the stock today at $2.06 thats only $4.12 for 2 shares not $5.00 and then you can sell your free rights when they trade ?

    Disclaimer this is not investment advice just a math exercise.


    hOOt
    CDU Price at posting: $2.06 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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