People this is turning into a political incompetence thread.......and yet no mention of Wayne Swan. Has anyone ever listen to him present live? Really is a word that comes to mind.
-------------------------------- Back to CDU
Spoke to a big insto wheeler dealer today who doesn't have CDU on his radar simply because of their company's perception and mistrust of Wayne. I suggested I have no basis to take such a view and any misconceptions based on his gap with understanding of the August 2010 JORC compilation by the consultant responsible (H&S) is being resolved as we speak. Nor is he alone is this regard after highlighting a few recent plays they had backed to only disappoint post IPO!!!!
Sydney can be turned around with an endearing road show performance or 2.....not sure about Perth based Azure being the right corporate advisers to get broad based insto support though.
Las Min is a ripper and so could Wilgar gold. Like FMG it will eventually get recognised even if it takes internatinal instos to lead the way.
Bet lunch today with boss for $10 by Christmas.
CDU Price at posting:
$3.60 Sentiment: ST Buy Disclosure: Held
