It maybe that the debt picked up has new, longer term constraints related to that CUO can meet. It maybe also that the debt is converted into convertible notes with say - 12% interest associated with it (Buffet style) - allowing a future dilution but a relisting to realise the full value in the future for CFE. CUO is making money at the moment at these CU prices so there is likely to be a dividend for CFE. The terms of the debt will be the key.
I think there is a future here.
- Forums
- ASX - By Stock
- CUO
- price sensative
CUO
copperco limited
price sensative, page-10
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CUO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online