CDU 0.00% 23.5¢ cudeco limited

Ann: Update on Voluntary Suspension, page-164

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    Has anyone done a comparison of a ponzi scheme and this company?

    A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator.

    Didn't this occur with the share buyback?
    Last edited by Goblin: 17/09/15
 
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Currently unlisted public company.

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