Interesting, but I doubt there is anything illegal about it.
The buyback was underway well before Cdu spoke to any entities regarding more funding.
It's nice to see institutions get a little bit of what they dish out when it comes to placements.
As far as I'm concerned it looked like Cdu weren't interested in activating the buyback until a capper appeared yesterday on open with 50k shares to sell.
I think the message is play fair or we'll step in.
Interesting indeed.
mm
CDU Price at posting:
$3.20 Sentiment: Hold Disclosure: Held