CDU 0.00% 23.5¢ cudeco limited

Death row, page-34

  1. 24,386 Posts.
    lightbulb Created with Sketch. 176
    Thanks for bringing this up Hoots. Here it is.

    ""#The Australian Financial Review --- Page: 1/72-73
    Neil Chenoweth
    13 October 2006

    In just half an hour on 5 July 2006, $A51 million worth of Cudeco stock was traded on the Australian Stock Exchange. A buy order for 5,000 shares in the junior copper play, then still known as Australian Mining Investments, was matched with four sellers, two at $A10 a share. This sparked a day-trader frenzy, which ended at 10.58am when trading in Cudeco shares was suspended. None of this was accidental. Aggressive buying by Cudeco's sponsoring broker, Aequs Securities, and a favourable report by Martin Place Securities were factors. The stock was also promoted by contributors to online investor forums. The matter is being investigated by the Australian Securities & Investments Commission. #""

    And the result of that investigation by ASIC was.??????????????????

    Is it still ongoing after more than 12 years have passed.??
 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.