hOOts at the rate CDU is spending I can actually see someone being able to pick up the company for a bit over book value. I would then think that rather than paying dividends they could just go ahead a spend that 600mil so they can keep the supply coming. In theory the money that could be made from any copper found (as well as guaranteeing supply) would be worth far more to some than the money used to buy the stock. This is why I believe you may very well be right in saying that just 50.01% accomplishes pretty much all you need. You can do the above with that % no worries especially with your own Board.
The only question left is who is going to be the lucky ones who gets a share price premium to get "someone" to over 50%???
CDU Price at posting:
$1.67 Sentiment: None Disclosure: Not Held
