CDU 0.00% 23.5¢ cudeco limited

major institutional investor in cdu, page-71

  1. 6,296 Posts.
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    as like most of you on here, im baffled as to why the company has chosen to do this.

    i can only assume that its the first play in the larger scheme of achieving financing... i.e. 'you scratch our back and we'll scratch yours'... we give them a cheap parcel of shares, they make sure financing is no issue...

    in fact, if that is the arrangement, cdu could use the cash to buy back $20M worth of shares, get the registrar almost square again and giving the insto a larger portion of the company, all the while knowing full well that financing is secure...

    win win

    lets just wait and see who the insto is...
 
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Currently unlisted public company.

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