CDU 0.00% 23.5¢ cudeco limited

$3.20 support fail will $3 hold, page-11

  1. 3,117 Posts.
    lightbulb Created with Sketch. 1423
    In the examples you listed, do they collectively hold 70-80% of the company (including directors??).

    I doubt it.

    CDU has a very tight register and the major holders are not about to let this go down to silly levels. If they do, Wayne will just buy back the free float at those silly levels and raise more money above $3.

    I'm glad most of my super is CDU shares. I feel very comfortable - it will be better than owning bank stocks in the coming years (i.e. higher dividends and capital growth).
 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.