CDU 0.00% 23.5¢ cudeco limited

Orchid, Even though the copper price has improved in US$ it...

  1. 15,798 Posts.
    Orchid,

    Even though the copper price has improved in US$ it hasnt changed in A$ terms.

    In my experience, the market sees the placement price as a measure of where the value is at the time. In the absence of new news, the price tends to drift back to where the placement took place.

    CDU appears to be doing just that.
 
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