At 9 and 10 to one, when you know that your horse has got practically 90% chances of winning, and when in the previous run he had to make up about 8 lengths to win in the fastest 600 meters run of the day, why wouldn't I back it.
As for CDU, well Max has still a lot of confidence and I am not the one telling him that he is wrong. For, in the mining industry one will never know. I only hope for his own, and for many others sakes, that he is correct.
The only and major point which concerns me the most, is the constant silence coming out from this company, and when they can't even keep up with their commitments and dates.
Why can't they tell us what are the list of concerns which ASIC has asked from them.??
After all they cannot say that if they will tell us the share price will fall because we aren't, and have not been, trading (we are In A Trading Halt) for many many months.
So, what is the reason that they don't want to tell us, and the market.??
How long will this saga be allowed to continue.??
Could it that, like someone else here wrote, if they restart trading again the sp will drop to such a low price that they will not be able to locate those shares at 80 cents anymore.??
Why can't we get back trading once again and allow/free the ones that wish to get out from this doggy mess to cash in and move on to some greener pastures instead of the continuous suffering.??
And don't forget that, while only IMO, if and when ASIC will allow the rights issue to proceed, we will have to restart all over again with a new rights issue and where it could take some months before we will be able to get the much needed cash.
Have we got sufficient cash in the Bank to last that long.??
As for you Max, should I have been able to catch up with you while on the Gold Coast, you could have put a few dollars on my horse yourself.
Cheers