CDU 0.00% 23.5¢ cudeco limited

full year statutory accounts, page-18

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    directors report dated 30th Sept, a week after the announcement of proposed placement and yet the only comments re subsequent events are:

    MATTERS SUBSEQUENT TO THE END OF THE FINANCIAL YEAR
    No matters or circumstances have arisen since the end of the financial year which significantly affected or may
    significantly affect the operations of the Company, the results of those operations or the state of affairs of the
    Company, in future financial years other than:
    ? 754,673 ordinary shares have been bought back at a total cost of approximately $1.78m, pursuant to the
    Company?s on-market share buy-back announced on 28 September 2009.

    One does have to ask the question as to why it was not referred to.
 
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