I remember when WM said at an AGM 6 years ago, "small shareholders control this stock and it will be the best stock you ever own, dont trade it, just put it in your bottom drawer" When he said that, 100% of the shares were held by small shareholders and I think over 10,000 shareholders. Now nearly 70% is owned by Institutions, with only 30% owned by small shareholders......... Soon, it will be 10% of small shareholders... CDU is on the way to paying dividends and the receipients will be the institutions. You can lead a horse to water, but as Jo Bejelke said, you cant make him water". Why have the insto's decided that CDU is a great buy???. Because they are smarter than all of us....
CDU Price at posting:
$3.78 Sentiment: Hold Disclosure: Held
