CDS comdek limited.

from paul jury, page-27

  1. 953 Posts.
    Dont know about trading halt being unprofessional. Everyone was expecting the upgrade. Probably in some peoples eyes they thought it was factored in?? Better to just get it out there and move forward with cleaning the rest of the crap up. The only thing that bugs me is the resource grade being countered by cap raising. Obviously brokers talk to clients who in turn talk to anyone. Grape vine was talking. Now what we have is Brokers bumping it down to get issue as cheap as possible I think. Will be interesting if those same brokers dont allow it to go below 20c. Wouldnt think its in there best interests........ As Arch said earlier, even with a 1 bill on the table its around 40c mark. Once this last downer is sorted I would expect to see it recover. That is of course only factoring CDS's situation. Outside variables can change that......... Best of luck to those who tough it out!
 
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