CDU cudeco limited
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Ann: Appendix 3E , page-3

  1. zzedzz
    15,866 Posts.
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    16/05/12
    10:54
    Post #: 10181318
    Its a bad sign that Buyback support is once again needed.

    Nearly $34m now spent on the current buyback.

    Our markets have broken a support level today and are looking for a drop from here. Lots of buying will be needed to hold CDU up.

    Copper price is also down over recent trading days.

    The next capital raising will be needed soon to ensure there is sufficient cash to go through to revenue receipts from real production.

    Interesting times still to come.
    CDU Price at posting: $3.41 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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