CDU cudeco limited
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Ann: Rights Issue Update-CDU.AX, page-7

  1. h00ts
    46,902 Posts.
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    11/05/16
    11:14
    Post #: 17733233
    Yes quite surprising it didnt fall further - shortfall was 37m shares - so it looks like a lot of punters have elected to buy on market rather than pay 80c in the rights saving themselves an extra 10%

    72c still looks way over the odds to me so it will be interesting to see how well the price holds up over the coming weeks.
    CDU Price at posting: 71.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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