CDU 0.00% 23.5¢ cudeco limited

Ann: Updated Resource 2013 , page-54

  1. 8,957 Posts.
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    The Div question I didn't ask, it was the only one as completely inappropriate prior to any cashflow. The hope of many is next year due to NCu sales and DSO sales. Personally think 2015 when the processing is up and running as well.

    If commissioning the processing plant starts June/July, it could still take a few months to iron out the bugs and get to full capacity consistently.

    "What really happened between CDU and M&G?"

    Nothing, no communication, M&G just dumped the shares on market.

    Usual practice is when a large holder wants to sell large parcels they contact the company or large brokerage house or both and get matched with a potential buyer at afew percent below current prices (think 95%).

    M&G would not respond to the companies communication. They did a disservice to their own clients as they could have received a higher price by following usual protocol.

    Ask Nev for other reasons.

 
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