CDU
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0.00% 23.5¢ cudeco limited

asx listing, page-10

  1. hottuna
    3,053 Posts.
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    29/08/12
    14:48
    Post #: 10640954
    I wonder if the recent ramp has got more to do with the incredible loan funded share purchase scheme that got waved thru at the last AGM, allowing the company to buy shares on market without filing a 3E. Not only that, but the participant gets to buy them at 5 day VWAP (currently 4.13). Not only that, but the liability on the loan is limited to the value of the shares!! WAHEY!!

    No wonder BBY was so busy in the early part of august - net buyers of 821,669 shares 30/7-15/8.

    Suppose we'll find out for sure with the next quarterly cash flow report...
    CDU Price at posting: $4.34 Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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