CDU 0.00% 23.5¢ cudeco limited

jumpstart,there have been many occasions on this thread where...

  1. 6,757 Posts.
    jumpstart,
    there have been many occasions on this thread where some of us have said they need to provide a DFS to show this thing is:

    a) viable
    b) profitable enough to justify the share price

    The standard response is that they don't need to because M&G and the Chinese are happy to invest at higher prices, so therefore it must be a great deal - just like seedy ewe's post was suggesting. I am saying that far from being infallible as investors, those guys are even more fallible than a typical blindfolded throw at a dartboard.

    "How many people here invested their cash because M&G invested?"

    I am guessing it had a lot to do with the Chinese coming on board, it certainly raised the price of their entry.
 
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