CDU 0.00% 23.5¢ cudeco limited

Hotrocks, page-2

  1. 46,599 Posts.
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    Dossa / Hotrocks you are taking the comment out of context without clicking on the link in the post below it - The company raised money in a retail SPP in 2009 at $2.50 and a lot of those participants were also topping up on market at $6 and above in expectation of a mega JORC upgrade - fast forward to today and the share price is still around 30% below the 2009 placement. ( IMO ) Long termers will need to see the share price rise at least 500% from here to have justified holding it for 7 or more years. Will that sought of share price happen ?? it may but it looks long odds to me.
 
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