I hear you. The best business deal is to get paid for something you already know you can do and with a clear profit. The broker had 3 years to find a client(s) who probably agreed to pay them 5% success fee if they could find a willing substantial copper seller prepared to hedge ata discount. The broker's share purchase now looks like $2.40. We will never know, but who cares. CDU still has the $25M, so long as the broker's incentive to get the deal done doesn't over-pressurise CDU. Think real estate agents.
Laws are like sausages, it is better not to see them being made. Otto von Bismarck. Same with business deals, so long as you feel you walked away with what is value to you. Its only a great deal for the broker when the deal is consummated.
I know its all speculation on my part, but I am only trying to give some people a feel for how it all goes. CDU can expect their ticket to be clipped at every stop, CDU's task is to minimise the clipping and get to the correct final stop.
I trust Azure is providing some perspective and strategy advice on the machinations, and not just only side-lined on the HK listing aspect.
CDU Price at posting:
$3.09 Sentiment: Hold Disclosure: Held
