CDU 0.00% 23.5¢ cudeco limited

$4.30 placing to raise $30m, page-22

  1. 2,206 Posts.
    I'd guessed 15m @ $4.70, and it was just under 7M at $4.30 so am i nearest the PIN! LOL

    At last years AGM Wayne said we'd mine with only around 200M shares on issue. Looks like they're on track for that (soon to be 190M shares and $155M) and everyones assumptions about just how much more funding is needed is probably well over the mark.
    Not much dilution and an extra $30M in funding, can't complain really.
    Way oversold today (just like after the last suspension) and I expect the price will bounce back in coming weeks.
 
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