zzedzz,
As you know placements are usually issued at a discount, and on 23 Sep when the management announced the deal with the institutional investor the SP has gone up to $2.28 on that day.
Since then the XAO has gained value, copper prices continued to rise, and we have not recieved any negative news in relation to CDU! so why we are losing a little bit of value everyday, and why we are not following the rest of the market, i have no idea!!