imho, while M&G are reducing their holding for reasons they've disclosed on reducing their exposure to mining stocks, the company will keep putting out as many strong announcements as they can so that the shares are being redistributed from M&G to stronger long term hands who can see the potential in CDU, soon to be a mining company with income.
I don't believe M&G will need to push the price further down as they're happily selling off their million or two a week in this range, so barring world markets falling to a sstupid level, it feels safe here, and aka hooter, I believe once M&G have sold what they plan or need to, the next move, again imho, will be up and with some strength.
CDU Price at posting:
$1.73 Sentiment: Buy Disclosure: Held
