cdu likelyup soon in senate inquiry into asic, page-148

Maybe we should also revisit the famous announcement about the fabulous JORC in August 2010, which is not long before the one that you are talking about.

As for me, I have listened to all your prediction and conjectures for a very long time, and I have learnt to take very little notice, if any at all, of them. It was a costly exercise in doing so and I don't wish to having to incur that same thing once again.

By the way, I have saved some of those post for future reference as well.

But here is a good one:

""Another masterly stroke by Wayne was the use by a junior explorer of the buy back . Much criticised on this forum like the China office, the buyback was highly successful as it bought back shares at lower prices and resold them at higher prices--brilliant.

Not only did the buybacks make money for CDU, make money for CDU ,they were a price stabiliser ,saved the company from having to issue additional shares and let the market know that CDU was not to be taken lightly.

Money saved then has not to be raised or spent now. That's what forward planing is all about and Wayne has proved to be the master at it.""



And the share price at that time Roh, was at $4.23 per share. A far cry to what we are at today.
So what happen to the wheels of our cart and to that buyback, and that that money was going to be saved for forward planning.??


No Roh. Not for me. Thanks, but...No Thanks!!!!!