Good to see our buyer confirmed this morning as M&G. I'd expect another notice for their efforts yesterday in a few days?! As someone mentioned when they came on board this spend is just 'beer money' for a fund like M&G!! Interesting to see how on-market purchase of 800K shares on Friday pushed our price up 11%. Now M&G have gone to market and started to soak up the 'free float' further upward moves are likely to be increasingly sharp.
I won't look for any news article about this recent activity in the press, as that would run contrary to the negative agenda...
CDU Price at posting:
$2.60 Sentiment: ST Buy Disclosure: Held