Australia's largest stock trading and investment forum Australia's #1 stock forum

CDU

Click for more information

0.00%

23.5¢ cudeco limited

Ann: World best copper grades from native copper zone, page-85

First 85 Last

Share
Profile

Follow
chand

3,622 Posts.

843

31/12/14

11:47

Post #: 14521948
Share

Originally posted by malgmac ↑

This may sound like a conspiracy theory but here goes.

It appears to me that nothing in the announcement about "Worlds best Copper Grades" is derived from anything recent - say nothing unknown for many months.

Now why would CDU choose to put out an announcement like this now with the obvious intention of exciting the market and share price. Notwithstanding that there are no real facts in the announcement e.g. do they have ten trucks of this supergene at 30% or 100,000 trucks. So no way to try to determine value from this announcement.

Back to my point and while I am happy as a shareholder to see the share price heading north, I would have to question the timing of this , just after they announced share issues or proposed issues at $1.25 share with OW being the main beneficiary. 33% discount to current price.

Now the unknown is where the price would be if the funding announcement had not come out last week.

Still you would think that the company would have thrown out the Worlds Best ramp in the lead up to the cap raising.

Just another strange twist in the CDU saga. Maybe we are seeing who is now pulling the strings in the background.

Expand

Hi,

As I said yesterday - ''the shorts are trapped for now" oh WM - what a timing!!!

CDU Price at posting: $1.86 Sentiment: Hold Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Nine's staff strike as Paris Olympic coverage begins

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

There are more pages in this discussion • 107 more messages in this thread...

First 85 Last

Add CDU (ASX) to my watchlist