Ann: Rocklands Financing Update, page-17

First 17 Last

Share
Profile

Follow
h00ts

46,655 Posts.

8787

22/12/14

11:43

Post #: 14495665
Share

Originally posted by shortchange ↑

What does all this really mean. Have to laugh at the Hoot and co the usual negativity and chip on the shoulders stuff. I also see the word dilution. What is dilution? CDU have only 235m shares where most Aussie companies are in the Billions of shares. Anything under 500m shares in an ASX listed company is now considered tight.

The real story as I see it: CDU is dual listing on the main primary board of Hong Kong Stock Exchange. The new shareholders released today is Haitong Securities, one of the largest Security Dealers in China with over 12,000 institutional and high next worth client in over 240 offices.
I think that this is the start of the new CDU with Oceanwide taking up $30m new shares, Minsheng Bank loaning $65m and probably more news to come.

Oceanwide is a massive privately owned company, who recently purchased Hutchison Harbour from Asia's richest man Li Ki Sheng for $4 Billion (see South China Post) and Minsheng a Global 500 company and with Haitong Securities with a listing on the primary board in HK this stock has now where to go but North in my opinion. As for dilution i dont think that there is enough stock out in CDU if 12,000 new clients come on Board from China.

As for Aussie Insto's, they dont really get a look in. I personally think that the investment by Aussie insto's is so small now that they dont rate anymore on a global market compared to the Asian market. They can now just go for the ride.

Expand

"The real story as I see it: CDU is dual listing on the main primary board of Hong Kong Stock Exchange"

where have they ever stated they will be on the main board ?? do you know what it takes to qualifie to list on the main board ?

CDU Price at posting: $1.34 Sentiment: None Disclosure: Not Held
7 Upvote

0 Great analysis

Reply

Top Stories

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

The Rising Tide: How institutional adoption is shaping the future of crypto

There are more pages in this discussion • 100 more messages in this thread...

First 17 Last

Add CDU (ASX) to my watchlist

Ann: Rocklands Financing Update, page-17

Top Stories

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

Why are so many ASX explorers setting up shop in Saudi Arabia? + 8 stocks to watch

The Rising Tide: How institutional adoption is shaping the future of crypto

Featured News