CDU selling at $3.31 is VERY vulnerable to a takeover bid. Maybe not a 100% bid, but enough to cause some anxiety in the CDU boadroom.
When I keep reading the takeover objectives of OZ minerals, I can see that a bid from this source is a sensible possibility. And there are several other potential bidders with stated objectives of aquiring copper/ gold companies.
Let us hope that Wayne can lift the CDU share price considerably to remove CDU from the bargain hunters' buying list. Conix
CDU Price at posting:
$3.32 Sentiment: Buy Disclosure: Held
