CDU 0.00% 23.5¢ cudeco limited

Ann: Rocklands Feasibility Study, page-306

  1. 46,663 Posts.
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    "I am hopeful that the CDU Rights issue will proceed soon. I propose to take up my allotment of shares at 80c. each"

    MAX are you not somewhat concerned that the CEO on a salary package close to a Gorilla a year is only intending to take up $10k worth of rights - Hardly a sign of supreme confidence in the 80c issue price I wouldn't have thought.

    I will be very surprised if CDU doesnt trade substantially below 80c when / "If" it trades again !
 
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