CDU 0.00% 23.5¢ cudeco limited

Many questions, page-23

  1. 46,829 Posts.
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    Rocklands is obviously economically viable or the Chinese would not have thrown millions of dollars at it to date !! But !!! and its a big but !!! has it been a good investment for the Aussie retail punters ?? pure math to date would say noooooooooooo ! unless you got on board in the AUM days like ROH.

    In 2009 prior to the JORC upgrade it was north of $6 per share and a one billion market cap company - - that with the benefit of hindsight was the time to sell like Dundee the then number shareholder did..

    You could of then put your profits into boring old telstra sub $3 when the future fund was selling down to $2..60 - you would have since recieved $1.40 worth of franked dividends and your $2.60 stock is now worth $6.50 - compared to your CDU investment that has fallen from $6.80 to $1.40 - probably even less than that come Monday.

    50/50 hindsight !!! what a wondrous thing
    Last edited by h00ts: 30/01/15
 
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