I believe CDU has further to fall, short term prob to 1.50 and beyond that below 1.00. This is based on the fact that a large shareholder is selling; the company continues to move the eight ball with regards to mining, no cash flow, and many broken promises.
To be valued a company needs to produce and have income. CDU has not and until such time it will be the plaything of traders just like LYC. It too has dropped substantially from its high and I fear CDU is heading the same way.
CDU Price at posting:
$1.85 Sentiment: None Disclosure: Not Held
