The company has called on ASIC for surveillance and it got knocked back. It is like a ship without a rudder until cash flow time arrives.
It does not worry me to any great extent how low the price is. I have my CDU holding and will survive any circumstance as I have permanent income guaranteed.
Sometimes I have to sell off a few to meet my Margin Loan commitment but I re-coup later on when CDU rises.
The thing that worries me the most is those CDU shareholders in Financial Stress; and I know a few of them having got to know them over the years.
A fair market is what is required not an uneven playing field with bots in control. CuDeco is an up and coming miner and it is only a matter of getting to production for all to benefit financially.
I would prefer long-term CDU shareholders to retain their shares rather than them to go to newcomers looking for a quick buck. That is why I suggest we draw a line in the sand at $1.66. At $1.66 they are a bargain and I would suggest you know that I am right.
cheers
Max
CDU Price at posting:
$1.58 Sentiment: Buy Disclosure: Held