CDU 0.00% 23.5¢ cudeco limited

besides shorting what else is happening?, page-2

  1. 15,738 Posts.
    Brett,

    It is clear that the recent price has been driven by the selling from M&G.

    This looks set to continue but with a bounce or two so that they maximize their average sell price.

    The ultimate value of CDU can only be determined once profits are known. This may well be into 2015.

    In the meantime, more cash is needed to be able to get to the point of sustainable positive cash flow. Raising cash is not easy in the current climate.

    How many shares do m7g want to sell? If its the lot, it will take some time at the current rate.
 
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