CDU cudeco limited
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ocean wide interests, page-16

  1. h00ts
    46,902 Posts.
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    04/12/13
    12:44
    Post #: 12656336
    :And Oz all the Chinese stakeholders are taking up their full entitlement, this was clear in the AGM presentation."

    Sholtzy thats an interesting tidbit I dont remember hearing that from any of the other attendees

    So O.W 30.9m
    NAAIL 26.6m
    Sino 10.9m

    total 68.4m divided by 6 = 11.4m x $2.50 = $28.5m plus up to $50m to the underwriter and i am expecting 10m rights in total bought in the 2 weeks rights trading period by close of play thats another $20m
    CDU Price at posting: $1.90 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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