oz blue,
The large Chinese companies and individuals currently holding CuDeco shares would be well aware of Rocklands and where it is headed. The Chinese attitude is invest for the long term in worthwhile projects with dividend streams and growth potential. It is too early in the piece for them to be contemplating selling but, in saying that, they may be tempted to do so depending on the profits which may be available particularly if the share price increases dramatically.
The financial position of CuDeco is very strong. Cash flow is coming . The current finances look adequate for now. Should however CuDeco decide now is an opportune time to rapidly upgrade the three million tonne plant to a much higher throughput,then a position on the Main Board of the Hong Kong Stock Exchange would be a distinct advantage. That would mean more profits much earlier for distribution. Expect the unexpected from Wayne now and in the future.
- Forums
- ASX - By Stock
- CDU
- Ann: Trading Halt
Ann: Trading Halt, page-45
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)