""Seriously what is going on with this stock........why has it been manipulated again to these price levels.?""
Probably they don't want many shareholders to take up their full entitlements. The less the better....maybe.. IMHO.
I bought way more than my full entitlement on market today. Way way more and multiples of that...
What worries me though, is that the Chinese could end up with full control of the Company. Especially when they (OW) have now received FIRB approval to get to 19.99% of CDU.
Now, what we will have to watch out for, is as to how OW will reach that 19.99% level. Will they manipulate the share price down in order to frustrate shareholders into selling to them, or will they buy on market and push the sp up...
Well, IMO you can be ready to expect the unexpected as I am of the strong belief that the former of the two options is the one that they will apply.
But, I have been wrong before and you can Dyor!!
CDU Price at posting:
$1.81 Sentiment: None Disclosure: Held
