CDU 0.00% 23.5¢ cudeco limited

"hey maybe deloittes have got it all wrong like our...

  1. 6,757 Posts.
    "hey maybe deloittes have got it all wrong like our international investors"

    Did you notice how badly your international investors got it wrong with Galaxy Resources?

    CDU has lots in common with GXY. Azure Capital, M&G, Vanguard all involved, supposedly savvy Chinese providing the bulk of the finance. Unlike CDU, they did at least complete a DFS. But they didn't share critical details (like the opex) with the market.

    A straightforward piece of due diligence for the likes of M&G you would think. For one fund they rake in $10 million a year in fees, but you would get better performance using a dartboard. Reminds me of an old saying:

    "Who cares if most money managers underperform. They all seem to have big houses and pretty wives."
 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.