CDU 0.00% 23.5¢ cudeco limited

cdu v sfr ( again ), page-14

  1. 1,073 Posts.
    Bermuda Bermuda, I will give you something out of ten for trying, but you really need to have a bit more of a global focus rather than this continued parochial perspective.

    Just for you, have a read from Friday's Reuters (Susan Thomas)...

    ..Copper fell to its lowest in more than three months
    on Friday, burdened by a strong dollar, cooling factory growth in major metals consumer China and worrying economic and political signals from Europe and the
    United States.

    China saw February factory growth slow to multi-month lows as sluggish domestic demand added to the effect from already depressed foreign sales, two separate Purchasing Managers' Index (PMI) surveys showed.

    Three-month copper on the London Metal Exchange touched its lowest
    since November last year at $7,652 a tonne, and ended down at $7,700, down from a closing bid of $7,815 on Thursday. Prices fell more than 4 percent in February.

    Now even you should be able to grasp the ramifications this will have on companies in OZ...oh and just to add some more info for you at the moment...BHP is down 3.11%, Rio is down 2.80%, SFR down 2.14% and Ozl is down 5.25% can you see a pattern happening here?

    Apologies are not necessary Bermuda, because rather like your most recent post it has always been the tone of your posts rather than what you write, ( a lesson out of Roh's or Max's post might give some tips) of course this could all change over night..perhaps when you have CDU shares at the 'right price' we might all notice a definite change in tone.

    Keep in mind also the day to day fluctuations are not necessarily the be all and end all as you well know...Hope your holiday went well in the States..lol.

    Cheers to the longtermers

    Dossa


 
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