there is no doubt the suspension leaves shorts in a lurch. if the positive newsflow results in the a positive outcome for cdu - new capital, takeout arrangements, good final jorc numbers, definitive wilgar drilling results - WM n all the long suffering shareholders will finally find justification. the cdu SP must head in a northerly direction hopefully in the manner that fmg did to reward their long-suffering shareholders. if yr memories serve u well, fmg raced to $90 b4 a 10 for 1 split.
in such circumstances the shorts would be cornered!
CDU Price at posting:
$3.09 Sentiment: Hold Disclosure: Held