I love the CDU Hot copper threads - Im like Zedster here for the entertainment - Waffle , Waffle and more waffle - look at the first post in the thread - Fact for the second time in CDU,s history the share price has tanked after the number one shareholders did an Elvis and left the building.
Dundee sold out in the $6.50 to $6 area prior to the share price tanking on the 2010 JORC to around $1.60 and then M & G getting out from $5 down to $1.37 for probably north of $3 average price for their 34m shares - Now we are sitting at $1.74 more tahn 80% below the 2006 $10 euphoria price and still 30% below the $2.50 placement SPP prices in 2009 and 2012.
Look at the chart people CDU is a chronic under performer - it runs on smoke and mirrors , it consistently misses deadlines and is now at the mercy of its Chinese puppet masters who have been given a stranglehold on the register without having to by any quantity of stock on market.
its a laugh a minute reading the company apologists on here - pass me the popcorn this going to be better than a cheap novel watching how this plays out over the next 2 years
