Posters continue to complain about this deal being done at discount to the market price. Please see Cudeco's email from last week below
"Rang the company today, Mark in China spoke to company Secretary.
Expressed many of my concerns and those posted on this thread, suggested they read these threads and he said they are.
I suggested they provide some explainations and details to the many unhappy shareholders.
Some notes taken during the call:
MOU - non binding was entered into in Sep (not released to market)
reported taht the Volume weighted average then was 21cents so sale is a premium from that."
IF the contract and price was entered into at that point at 34.5, that is a very large premium to the share price at that time. If the share price did not move up of its own accord during the due dilligence period many of the frustrations of investors would not be present.
Its natural all investors would now like a better deal due to what the price did in the last 2 months, unfortunately that has nothing to do with the deal done prior to the share price increase.
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