CDU 0.00% 23.5¢ cudeco limited

forced selldown fails. buy back in action?, page-13

  1. 4,334 Posts.
    Seedy..."hey foxy, is the fact that you guys believe there is no artificial downward pressure on the share a conspiracy in itself?"

    I had to read this a couple of times to get it and mate that is pretty funny...well done!

    "on another note foxy, in all honesty what do you think of the announcement?"

    Actually I quite liked it. As I said in a previous post I may be a buyer around $3.10. It seems reasonable there will be a 4% grade for 3 years. How this translates into SP capital gains I can't put a handle on...So far it hasn't been accepted by the market as that great...Does the market consider CDU fully valued going by the grades of the whole project?..not sure..

    I still have a sell sentiment as selling into news is usually the right thing to do on CDU..
 
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