"Good to see M&G exiting CDU and going to OZL. Poor ole OZL wont know what hit them when they do the same to them, eventually they will. So far they have just about plopped on everyone they have invested with . Must be running out of friends. They are becoming know as Toxic M&G"
Well Underlined what does that say about CDU and their highly paid corporate advisors Azure ? - After the JORC debacle and the share price tanked W.M came out and refuted market gossip they would be doing a placement with the share price at a silly $2.20 and they had plenty of cash.
A very short time later they got a speeding ticket from ASX for doing a 10m placemnt to M & G not at $2.20 but $2 - It was spun as an " an opportuity " to bring on board a cornerstone investor to stablize the register and share price - Azure told CDU that the reason the S/P was crashing was those pesky retail Mum and Dad holders - you know the ones who only get the dregs in placements like the measly $5k allocation in the SPP
Well looks its coming home to roost now -whos fault is it ? CDU for appointing Azure ? - Azure for getting CDU to bring M & G on board or is just M & G,S fault they have changed tack ?
I know one thing for sure and its the retail holders who have been W.M,s biggest fans but its the big end of town who have trashed his company .
hOOt
CDU Price at posting:
$1.48 Sentiment: None Disclosure: Not Held
