CDU 0.00% 23.5¢ cudeco limited

pay attention, page-18

  1. GFM
    1,204 Posts.
    Hi ll,

    Rather quiet while we wait for more interesting news, which I think can't be too far away.

    In reviewing the start of this thread, I wondered if the Director buying was in fact a good pointer to the future direction of the company, I mean, would you really invest your hard earned cash into something you did not believe was going to at least return you 50% or more on your invested funds???
    Whilst some have said the last purchase of 9,000 @ $32,200 was only pocket money for WM, when you look at other recent purchases it paints a different picture.

    Since 14th February, WM has made 3 purchases totaling 34,000 shares, at a cost of $118,300, on market, using his own money, for an average price of $3.48/share. Now in anyone's language, that is serious pocket money, wouldn't you agree???

    I believe it is a clear statement of belief in the Rocklands project and the resouce we have and that we are about to have discovered at the NW area. Nobody spends that kind of money unless they are supremely confident of getting it back several times over.

    I believe there good things to come, especially for those that have the nerve to hold on, regardless of how many innings we have to go with the NAYSAYing 11.

    JMHO, DYOR,

    cheers

    cj
 
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