CDU 0.00% 23.5¢ cudeco limited

Ann: More High-grade Copper Intersected at Fairfi, page-32

  1. 46,633 Posts.
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    re: Ann: More High-grade Copper Intersected a... "Hoots why Jan? M&G prior actons or not, this Jan is on a different event plane don't you think?."

    Wallsie that's possible but the fact remains that M & G has been the only large volume on market buyer of CDU over the last couple of yaers since they got the 10m at $2 placement just after the JORC bomb.

    O.W has bought a handful of shares on market but there has been no change in sub Holder notice from them or NAAIL during the recent rise from $3 to $5.

    Also in spite of the Aussie and international roadshows there has been no new substantial holder notices - I imagine things will be a little clearer when we read the new top twenty in the Annual report.

    M & G may stop loaning stock when they reach their 19.9% target if that happens then it may well be different Q1 - 2013 but divies are not going to flow until 2014 ( IMO ) so still plenty of time to get back in baring a white swan event like a take over .

    Hoot
 
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