CDU 0.00% 23.5¢ cudeco limited

cudeco matters, page-149

  1. 30,924 Posts.
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    buddy, unless his sister works for WM she is unlikely to be in any better position than he is, or anyone else for that matter.

    People probably think that CDU can't go broke because it doesn't seem to have any debt. But its contractual obligations are the same as debt if they can't fulfil them, i.e. make payments on time. And while the Chinese might take shares in lieu, I doubt Lycopodium will, or most of the employees. The wage bill alone will be getting close to $1m/week when the 400 are all on board.
 
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