CDU 0.00% 23.5¢ cudeco limited

Brett , the way I read your original post, I was thinking you...

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    Brett ,

    the way I read your original post, I was thinking you meant takeover as you mentioned making an offer.

    what Hoots Janti and have suggested is not a takeover but taking control of the board with in excess of 50% of shares and votes if they vote as a block! To get to this OW would need to buy roughly 12 mill shares on market at say $2 so $24 mill plus our new friends would have to convert their 20 mill options at $2.50 so for $74 mill they can have control. They do not have to launch a takeover bid as there will be 4 or 5 individual shareholders.
 
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