CDU 0.00% 23.5¢ cudeco limited

any outcome from the cdu meeting ??, page-51

  1. 2,336 Posts.
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    Hi Buddy,


    Should the company turn in a revenue of $450 Million in the first year then the much talked about divvies of $2.00 to $2.50 will indeed be pie in the sky. Cant possibly see the company return that sort of figure.

    However as you know I will be more than happy to exit this time round at $3.80 for I see this figure as a resistance point with future price trends matching production figures with a lull in the interim .Will continue to retain shares that I hold as trustee but will be overjoyed to see divvies starting off at $1.00 or thereabouts.

    Certainly turning into a secure investment with derisking playing a major part in the share price stabilisation. Dont think we have the worry of shorting or manipulation to any large extent, however the only worries if any are major overseas falls or collapse in commodity prices.


    Best Wishes,

    Penny

 
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