CDU 0.00% 23.5¢ cudeco limited

beijing2rock ryes I remember SCE's role with this placement and...

  1. 9,811 Posts.
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    beijing2rock r

    yes I remember SCE's role with this placement and roadshow promotion to instos in London for FMG. It put them on the map. What the recent placment means is that Oceanwide itself can't accumulate on market given it's capped at 19.9% but all its "associates" can. Azure have a massive incentive to make this work for CDU but I'm not around how much promotion work they are doing behind the scene? I would have thought a well contructed preso and roadshow at the recent HK conference is what we should be participating in going forward. Having said this I'm sure they have held many one on ones with "interested parties" given the amount of times the directors have spent there over the past 6-12 months.

    At the end of the day even if we don't get the pre-production "FMG style spike" we'll get measured on what we start mining and how many shares we've had to issue to get to that point. I'm becoming quite comfortable will surprising on the upside in this regard.

    Cheers
    Denial
 
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