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sinosteel takes shares in lieu of cash, page-67

  1. Au76
    919 Posts.
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    25/06/12
    13:11
    Post #: 10347935
    'if there is (guessing) $50M additional construction coming their way any slippage/arbitrage/cost risk would be managed into absorbed in the next contract. '

    Therefore Sinosteel is now getting additional work and possibly CDU is paying 'rack rate' or above average rates.

    How do CDU holders now that they are receiving a fair deal from Sinosteel?.
    CDU Price at posting: $3.07 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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