""(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)""
Well, if what you are saying is correct, and there is no doubt in mind that it is, and if CDU will not be able to raise new capital at higher levels than the current share price, all we can expect then is a fall in the share price at the moment that we will start trading once again which could be compounded in the same way that it did before in 2010 when the Huge JORC (NOT) was released to the market.
That is then, that, if the short term traders will start dumping, the ones abandoning ship, the shorters having a ball on the day by shorting like there is no tomorrow, and the dreaded phone calls for margin calls coming in asking the punters to cover, or else, all would compound to some drop in the share price.
Lets hope that it is like Roh has been telling us for a while now. And that is that WM knows what he is doing and he will be able to issue new shares at $1.40 to $1.50, not at what has been circulated around here.
Call me a fool call me what you like, but I am glad that I downloaded my holdings by a great extent over the last few months, or more, thus not having to loose more than I would want to.
Roh might be the only one that would be still laughing here with his low 20 cents entry price, but not many others, let me tell you. Many are just holding and following the crowd, while living in hope.
Good luck to all and sundries. I feel quite sure that we will need plenty of that. Especially if we will not be able to raise some money in the immediate future.
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