CDU 0.00% 23.5¢ cudeco limited

Suspension continues !, page-289

  1. 5,577 Posts.
    As the share value was about to drop significantly due to lack of funds, and announcing at the EGM the lack of sales and requirement for a huge capital raising? Thus the best course of action was to suspend trade before it dropped forcing the company to raise at a new low. This isn't a mystery. In other news Cudeco was mentioned recently in a report describing miners in the economy with a tough future due to debt and lack of opportunities for sales.

    http://www.sbs.com.au/news/article/2015/02/10/bradken-makes-loss-shares-dive
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