I can sense a big capital raising coming soon. Especially with the comments about all those M&A's coming up. It is and has always been a wonder t me as to why the ASX allows such comments go through without any supporting evidence whatsoever. With all the debts they currently have and which cannot even meet as they become due, "where is the money for that".?? Ohhhh I forgot, from the CBA of course as they have plenty of it to give away.
Even the Hong Kong listing fizzed into nothing, while only prompting more unsuspecting investors to dig deeper in their pockets and/or borrowing more money to load up with more CDU shares.
Now, who was/were the one/ones making money and plenty of it while this was going on .????
I rest my case.
Cheers
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- Ann: CDU Announcement - AGM 15 Dec 2016
Ann: CDU Announcement - AGM 15 Dec 2016, page-48
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