In a roundabout way you make a good point BrettoThe job of...

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    In a roundabout way you make a good point Bretto
    The job of management is not to manage the shareprice
    However, one of the functions of management is to protect all shareholder interests, having said that I agree that does not extend to s/t traders.
    CDU are in a situation where capital (debt/equity or cash sales) is still required and the shareprice of dejour is relevant if equity is being considered. The company says that an equity raising is off the radar for now, Hoots and others will rightly point out that such statements have been made before.

    That leaves debt or cash sales to fund the shortfall, both are being considered. Each will have different impacts on the bottom line and only a DFS can illustrate this.
    If a DFS was published it may have a significant impact on the sp and remove the need for debt funding by allowing the Co to raise equity at much higher prices. Many fund managers have mandates that don't allow investment unless certain boxes are ticked and DFS or BFS is high on the list.
 
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