CDU 0.00% 23.5¢ cudeco limited

$3.20 support fail will $3 hold, page-13

  1. 1,256 Posts.
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    janti

    "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?

    xx


 
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