As the person who claimed he would buy a million CDUR if they were 1c, I can tell you that they never traded that low.
I was buying because I was expecting good news at the AGM presentation. I will not be buying any more rights as we are now after the AGM.
Will the new JORC sent the price shooting higher? probably not, but I am expecting the price to rise. I'll make a decision with what to do with my rights over the next few days. I may convert some, none or all. I may allow them lapse or I may sell some. On a risk/reward basis paying 3c was very cheap.
CDU Price at posting:
$1.91 Sentiment: Buy Disclosure: Held
