CDU
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0.00% 23.5¢ cudeco limited

$79m shortfall, page-37

  1. malmanu
    16,462 Posts.
    lightbulb Created with Sketch. 774
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    16/12/13
    20:53
    Post #: 12707776
    The rights price of 2.50 was set when CDU was trading well below that level i believe. It was never intended that shareholders were that stupid to take it up. The underwriter got what they wanted 20m shares at 2.50
    CDU Price at posting: $1.90 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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