afr: cudeo lawsuit puts the heat on hotcopper, page-31

"(I hate with a passion this insane shorting that is permitted to happen on ASX stocks.
It's immoral and dirty imo....)"

Raks,

I hate it with a vengeance myself too, and I treat it as a very low act.

But, in this circumstance perhaps, may I suggest that we should look a little further than that.

Because, as of the 16th of August we still only had a cumulative total shorted shares in CDU at a steady 705,000 odd, and as of last Thursday when the shorting should have been a little more evident, we only had a total of 354,621 shares shorted, or about 3.92% out of the total 9,033,000 shares sold.

We will find out more about the total cumulative shares soon but, IMHO, there is more than shorting going on here. IMHO, there is a hell of a lot of disappointed and very hurting shareholders who have jumped/left the ship in disgust, and left it on the high seas.

The JORC presented to us was extremely disappointing to say the least, lets' face it. And I, along with a few others, have often stated that if the JORC wasn't up to scratch as expected, there was going to be a mass exodus.

The JORC, along with WM's rhetorics have done the job. And IMHO, there will be a few more leaving the ship, unless of course WM will come out clean and tell us all what, and where we went wrong.

My opinion is, that something is not quite right. (Gut feelings of course). Hence why I am taking the risk to wait a little longer. Especially if WM will show the dignity to move aside and not being so stubborn with his ideas.
There could also be the famous method in his madness, hence why I will approach the wait and see position.

Am I stupid..??? Am I mad...??? Maybe. I will soon find out though.

Khaliqs, I know what you are now thinking, and I will keep it in mind. I know that I am bleeding a little now, and/but a little more bleeding, for me, is not going to be the end of the World.

Good luck,

Buddy