cudeco(cdu) limited - representations, page-20

  1. 4,265 Posts.
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    Hi CDU'ers,


    The following email appropriately amended has been forwarded to the under-mentioned concerning the trading of CuDeco(CDU) Limited Securities on the ASX:-

    Also sent to
    Senator John Williams, Senator for New Sout Wales.
    Hon. Bob Katter, MP.
    Senato Hon. Arthur Sidonis AO, Assistant Treasurer.
    Mr.Nick McKenzie, The Age.
    Mr. Adam Bandt, MP.
    Mr. Andew Wilkie, MP.
    Senator Nick Xenophon, Senator for South Australia.
    Mr. Ian Curry, Aust. Shareholders' Assn
    Senator Hon. George Brandis, SC Attorney General
    Mr. Clive Palmer, Palmer United Party.
    Editor, Aust. Financial Review.
    Mr. Alan Kohler, Business Spectator.
    ABC 7.30 Report.
    Mr Hedley Thomas, The Australian.
    Ms...........Journalist, New York Times.

    ----- Original Message -----
    "From: maxw
    To: [email protected]
    Sent: Thursday, October 24, 2013 1:09 PM

    Mr.Michael West,
    Faifax Media.

    Dear Mr. West,
    Copy for your information following on from my email to you on the 21st September, 2013.
    Yours sincerely,
    Maxw
    From: maxw
    To: [email protected]
    Sent: Wednesday, October 23, 2013 12:58 PM
    Subject: CuDeco(CDU) Limited - Trading

    Hon. Joe Hockey, MP, Treasurer.

    Dear Hon. Joe Hockey, MP,

    Further to my email of the 18th September, 2013, concerning the trading of CuDeco(CDU) Limited Securities. on the Australian Securities Exchange, I wish to advise you that a further blog "CuDeco Shareholder Research" document update has now been published on the web.

    The report assesses trading that occurred between January and May this year, immediately prior to M&G Group disposing of their holding in CDU Securities.

    The report, together with ASIC Complaint 2013-2 concerning M&G Group accumulating shares back in 2010, identifies a number of anomalous trading trends associated with brokers who then had a leading role as M&G Group sold their holding.

    As mentioned in previous correspondence, when the trading behaviours are assessed in line with a recent judgment by the High Court of Australia, a good deal of the trading taking place in CuDeco, over an extremely long period of time, appears to be highly manipulative.

    The report represents an official complaint that was lodged with ASIC on the 14th October, 2013 and has been referenced as ASIC Complaint 2013-3.

    The title of the Research Paper is:

    8.3 A Review of CuDeco Trading Issues from January 2013 through May 2013

    It is available on the web from the following link.

    http://www.scribd.com/doc/175891474/ASIC-Complaint-2013-3-CuDeco-Trading-Issues-January-Through-May-2013
    or
    www.scribd.com/cudeco_research/collections

    It has now become quite evident that the "CuDeco Shareholder Research" document has disclosed gross manipulation in the trading of CuDeco(CDU) Securities. This situation is being sanctioned and generally ignored or dismissed by the Regulatory Authorities.

    A Parliamentary Inquiry is considered necessary to overcome the problems prevailing in the Australian Securities Exchange.

    Yours sincerely,

    Maxw".


    Referred for the information of CDU shareholders concerned.


    cheers,

    Max
 
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