in my opinion it's become a nothing stock. Everything is there for people to calculate future earnings and it's not pretty. It's overvalued by all measures, by managements own admission there won't be distributions. There are cheaper copper plays out there and more exciting small caps. The excitement factor in small caps are the unknowns and potential. I don't think they have much potential & all the unknowns are downside. Sometimes it's easy to get wrapped up in stocks, especially on Hotcopper - a different perspective is always good to keep grounded expectations & if you're daring mention this company in a Fairfax forum.
CDU Price at posting:
50.0¢ Sentiment: Sell Disclosure: Not Held