CDU cudeco limited
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Who is selling ? 740,000 shares dumped in 2 hours is not Mum and...

  1. h00ts
    46,902 Posts.
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    18/06/13
    12:25
    Post #: 11898307
    Who is selling ? 740,000 shares dumped in 2 hours is not Mum and Dad trading nor is it shorting - clearly a larger holder is selling stock one would think its tax related or possibly re-balancing ahead of Thursday expiry day.

    CDU has crashed through 3 long term price supports in the last couple of weeks = $3.20 - $3.08 and now $2.95 today - CDU has not been this low since the August 2011 - 3 month trading suspension ?

    hOOt
    CDU Price at posting: $2.83 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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