CDU 0.00% 23.5¢ cudeco limited

kohler on cdu v rex v sandfire, page-28

  1. 24,386 Posts.
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    Roh,

    The fact remains that when the sp fell out of flavour and consequently dropped to those lows, XStrata (if they were keen enough to do it that is) could have wiped us out with only $300million dollars or even less.

    Pocket money for them, believe me, and I am prepared to bet that their Manager wouldn't even have had the need to go to Switzerland to get approval, if he wanted to do it.

    Besides, they would only have needed to gain 50% plus one share of CDU to do the job and put it all in mothballs until they were ready to do something with it. And that would have only amounted to less that $150million dollars.

    It may happen and it may not. But IMHO, if there was the intent there, they would have done it there and then.

    Food for thoughts, and these are my own views.

    All the rest, including the ideas that WM has witheld important news about NCu in order to keep his cards close to his chest, IMHO it is nothing more than conjectures and speculations.

    Can you imagine what ASIC and the ASX would have to say if it came out that what someone imply here is correct.?

    I certainly wouldn't like to be in his pants, lol.

    Buddy
 
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