"The CuDeco Hong Kong Office has also entered into discussions with other parties interested in subscribing for an additional placement at $3.80, or above. Additional subscribed shares will effectively replace those currently being purchased under the Company?s ?share buy-back? programme, where shares are bought on-market from shareholders willing to sell at current prices, which the Company believes are well below fair value. Shares bought are then cancelled and permanently removed from the register, increasing the percentage of ownership of the Company for all remaining shareholders who choose to retain their shares "
CDU Price at posting:
$3.28 Sentiment: Buy Disclosure: Held