Isn't it interesting how different people can see the exact same thing in two totally different ways. I've not felt this confident we'll be seeing mid $3 again in weeks. In hindsight I probably should have sold more when we were almost at $5 but I got a bit greedy I admit.
While you may very well be right gjcl, let's wait until Friday to get too smug about how silly us folks who think this stock is a sell at these levels are. At least keep the bubbly on ice until then I'd say. Plus you will have Saturday to recover and read the announcement :-)
I understand no one is interested in my down ramping posts but let me just list the things I will be looking for on Friday and over the next few months:
1) who's getting what at what price obviously 2) the new total number of shares on offer in CDU (include #3) 3) loan stock requested 4) will we see some of those strange trading days suddenly return after the AGM?
On a side note. If there are a few million shares requested for loan stock on Friday, could someone going to the AGM ask if they would be happy to lock in those loans in at the VWAP of the CDU share price over the last week or two? It isn't difficult to understand that this will be the gauge of where management see's the share price heading over the next 12 months. If they do lock in straight away, I'll be the first to say things look bullish.
CDU Price at posting:
$4.67 Sentiment: ST Sell Disclosure: Held