Threads of takeovers by the Xmen and others over the last 4 years contributed to by WM and many elite CDU posters must by now be proven to be a complete joke. This sort of posting certainly has been a contibuting factor to some of the low esteem this share faces in the market and chat sites, along with the $50-100 a share valuations, etc.
The possibility of a unfriendly take over is virtually impossible. With 2 institutions firmly entrenched now, along with management holding and those holding to go mining, not enough support could be found to dislodge control.
Wait to go mining if you want a premium on your price, but fair go on the over ramping to scare people into being too scared to be out of them just in case there is a takeover with a 50% premium. It is about time this share started to earn some respect rather than considered a joke by too many.
CDU Price at posting:
$3.30 Sentiment: Hold Disclosure: Held
