CDU 0.00% 23.5¢ cudeco limited

CDU Share Uptake %, page-30

  1. 46,644 Posts.
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    Max you are aware CDU has only traded for for 8 or 9 weeks out of the last 52 ?? - there is going to be substantial "real " selling pressure when the stock relists - will there be equal numbers of willing buyers seeing value if an 80c sell bid is on offer ?

    Personally I very much doubt it and if we see an August 2010 type JORC capitulation on the day to prices well south of 80c I suspect it wont be attributable to nefarious price manipulation but more to the comments as outlined on the ASX insights page.

    quote from - your link

    "Trading in CuDeco has been subject to conjecture, unsubstantiated statements by management, false assurances, misinformation in Company reports, control issues stemming from actions by major shareholders, and failed Company timelines over several years. "All of that has now changed" with the Company now moving rapidly from explorer to junior miner with cash flow imminent."

    The Quote "all of that has now changed" remains to be seen . Hopefully it has - only time will tell
 
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