ocean wide interests, page-17

yeah that's it AKA. I expect at least OW & NAAIL to take up theirs and I guess Sino if that was what was said at the AGM. I also expect less than 20% of the remaining "options" to be taken up. At that point OW goes up to 19.9% (with a bunch of options for when need them) At that point I expect either NAAIL to go up to 19.9% or a brand new entity soak up the rest. Of course I could be 100% wrong but as the marching band has been too busy buying up shares at $2.50 I haven't seen them actually go on record and predict what will unfold. Let me guess, it will be 100% subscribed so the Chinese will ONLY get their allotment!! In fact, from what I read here, it will no doubt be OVER subscribed with the cat fight going on to get them. Kind of like that shopping day in the USA huh.

In short I expect that more than 50% of the shares in CDU will be held by Chinese companies at an average price of under $3. By the way that was a rough quote of what I posted on here in 2011. I thought it would be earlier than the beginning of 2015 but these guys sure are shrewd getting their price. Oh and was my prediction of 250 million shares on offer by the time we mined still worth any more harsh words from the cheer leading squad??? Boy you guys gave me a good hiding over that one. Reckon we can stay under 300 million now??