Where did the last 12 million of M&G'S shares go? Were they sold or did they keep them? Someone bought or held them and kept it from the public and the company. hoots reckons there is 4 million unaccounted for. So whats happened? Why were they bought? Secretly. If someone isnt playing with CDU why keep it secret? There would only be 2 reasons for playing with that many shares. Make money or to try and delay or stop the project. There are no other reasons. So if its to make money Im not sure how they are doing it. To delay the project perhaps they keep the sp down and make it hard to raise money for completion. Maybe pull out of a joint venture and make them raise more cash. I dont know but no one plays around with a companies shares just for the fun of it. Do they?
CDU Price at posting:
$1.91 Sentiment: Hold Disclosure: Held