CDU 0.00% 23.5¢ cudeco limited

30.3 mt @ 1.70% cueq, page-162

  1. 46,642 Posts.
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    Shareholder ! you have a heart against your nic so you obviously know your way around the stockmarket.

    With a simple ASX search you can go back and read all of McCrae's on market buys since 2006 and while it may not be in the millions it must be getting close to a million bucks spent buying on market.

    I imagine he also took up his entitlements in the two SPP,s

    While it always nice to see the M.D who has 12m shares is buying more stock on market I would have thought a cornerstone investor propping nearly $140m to buy 20% of the company at USD $4 per share . ( I use that number because that's what they paid for the first $25 when we are at parity ) should give the non holders some degree of confidence that the S/P is under at current price.

    Cheers Hoot
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