"Bluegoose, how do you know that? Several Aussie miners have overseas cornerstone investors that have "let" the price collapse, GBG, FML, NGF ...."
I guess if those investors wanted the rest of the company and they were more concerned about owning the company/copper rather than share price..then wouldn't you rather pay 10C per remaining share for 100% control rather than $10??
so yeah don't think its as straight forward as propping up share prices. The lower the SP the cheaper it is for control. No?
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CDU Price at posting:
$3.19 Sentiment: None Disclosure: Not Held