zzz
They would never get enough shares to control CDU unless CDU were struggling for money and looked like going broke.
Especially if they owed the banks.A million dollars debt would bugger them up.
So why would some here keep yelling out for a path with debt here when CDU doesnt need it atm?
Who could see the SP dropping to $1.37 unless they knew m&g were working for someone else and they were going to short as well as sell 22 million shares?
Why didnt they sell the last 12 miliion shares by the same method if they just wanted out as quickly as possible?
So as you say it revolves around the cash to get to sales.
Whats the predictions?
Enough cash to keep going for 1 quarter and no mining till Aug 1st.
Others think the yank market is to take a drop next week and they will go back to shorting their 60,000 shares each day.
So its about the loan and sales.
The only good thing about all of it is that we know Rocklands is greatly wanted by another miner.
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