CDU 0.00% 23.5¢ cudeco limited

loved that curtain call and encore, page-15

  1. 24,386 Posts.
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    AKA, you wrote:

    ""M & G are now the number one holder they have around 17 million shares ( over 12% ) at an average purchase price of $2.48.""

    Agreed with you 100%

    ""It is entirely possible that by using tree shaking and big red days in the general markets - capitalizing on black swan events like the Korean conflict and further potential bank failures overseas that they will get to 19.9% at an average price of around $3.""

    As above.

    ""A curious thing for me is how easily they are achieving this ? Lets say Hypothetical The Xmen or OZL wanted to get a foot in the door it would be very difficult for them to buy any quantity on market. As soon as they got to 5% they would have to report sub holder notices and the price would run.""

    That is exactly the way I see it and exactly what I have been saying. Better to let someone else do the job, and that can fly under the radar.

    "It makes far more sense to let M & G do the hard yards and if no one else steps up to the plate they can use every accumulation trick in the book to get their goal as no one is stopping them.""

    Again aka, that is my view of what is going on, and while they are asleep at the wheel.

    ""Xmen & OZL or the Chinese know that M & G will sell when the price is right its not like we have and end user on the books who wants the long term copper supply ?""

    As I previoulsy posted, M & G are instos, and as I wrote in other posts, I do not trust that the Instos will look after us, but themsleves. As you wrote M & G are not end users of the product and they are here to make a quick quid. As such I agree with you that they will sell at a good profit, and at our expense.

    ""So the big question is are they simply trying to get 19.9% because they know that's a very saleable and valuable parcel for the future ? Or are they accumulating ( nursing ) the stock for a predetermined nudge and wink buyer ?""

    Yes mate they will hold a very good saleable parcel of shares, that we have allowed them to accumulate under the pretence that they may be the White Knights, while a little manipulations here and there from them was done at the same time. Plenty of "Nudge and Wink" to come, I believe.

    ""Interesting times ahead. Eh !""

    Yes AKA, plenty of that to come, I believe.

    Buddy

 
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