CDU 0.00% 23.5¢ cudeco limited

insto selling ?, page-8

  1. al1
    2,017 Posts.
    lightbulb Created with Sketch. 45
    siad this some time back

    once Oceanwide has paid its funds for the placement at $3.45..then the price would be allowed to drop.....

    sometime back cdu said it would do another buyback at a future date......looks like that won't be too much longer...

    given past dealing with Oceanwide..its comes as no surprise that the price held up above the placement price......

    plenty of time left to buy in...this company wont be cash flow positive from production sales till around mid 2014

    by then we can only hope that the global economy will have recovered and that copper price will once again be back near their previous highs.......

    longer term ..a very profitable..dividend paying company..for a very long time........thats their policy for the future.......
 
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