And the winner of the smartest CDU investor award goes to !!!!!!! Dundee they paid $3.20 for 10% of CDU and sold out from $6.50 down to $5.50 - I bought some off them in 2009 at $6.00 cause CDU was going to blow the market out the water with a mega JORC after 300km of drilling - 30mt at 3% measured was in the bag the flag waivers said on hot copper.
Be careful history doesn't repeat here - we have already had M & G leave the building dumping their 34m shares and we have had the Xmen conspiracies now we have even more conspiracies - Why did the company want the whole $85m underwritten , why did Wayno only take up 200k rightss , what about Hutch ? how was he going to fund 2.5m shares at $6.50 that expired out the money last year =-- now only $87k committed at $2.50
CDU Price at posting:
$1.90 Sentiment: None Disclosure: Held