CDS comdek limited.

throw your media reports in here, page-37

  1. 223 Posts.
    The directors did say that they would issue the placement at the best price possible for the co.

    To me that means after an upgrade. I certainly think that 60c would be a good price after an upgrade and change of activity.

    Take a read of this re: ASX rules for change of activity.

    http://www.asx.com.au/ListingRules/guidance/gn12_changes_to_activities.pdf

    I'm not 100% on it. People seem to suggest that the co needs to be above 20c for 2 months for a change of name and activity to take affect.

    Reading it though seems to suggest that Comdek may be able to change activities without trading above 20c for 2 months.

    Opinions?
 
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