CDU cudeco limited
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Interesting article in today's AFR (pg3) highlighting the use of...

  1. garndo
    224 Posts.
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    07/08/13
    09:19
    Post #: 12164219
    Interesting article in today's AFR (pg3) highlighting the use of a loophole by companies to acquire shares for executives without the approval of shareholders.

    According to the article, CDU has spent A$10m on buying shares for executives in the last year, including A$3.2m in the last quarter.

    I would have though a better use of these funds would have been to fund the ongoing project development.
    CDU Price at posting: $1.57 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 19  Upvote
    lightbulb Created with Sketch.  Great analysis
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