Correct Jadel. The comment on dumping every last share was more tongue in cheek. Despite all the BS reasons the trader bashers would have you believe, dumping millions of shares in what's effectively an illiquid stock will only send the price down and in a hurry. Nothing to do with fundamentals. I also noted Graham French was replaced in one of his funds by another young guy in early June. It is possible if this was the same fund CDU is under the new guy has less understanding of the project than French and simply hit the sell button. Worth taking a look at MML. Yes its a gold stock but M&G dumped stock there and the price went from $5.50 to $1.26 in the process. Not hard to destroy a share price regardless of fundamentals and MML is a half decent gold stock. Anyway I'm confident CDU will bounce back over the 2nd half of the year. Copper still in demand and the fundamentals of this project get stronger every day.
CDU Price at posting:
$1.90 Sentiment: ST Buy Disclosure: Held
