CDU 0.00% 23.5¢ cudeco limited

m & g selling accelerating, page-2

  1. 3,079 Posts.
    lightbulb Created with Sketch. 1411
    I'm glad M&G / Vanguard are not managing my money or investments.

    I've seen some really dumb things in my time but selling such a large stake in a pretty good company in the fashion these guys are selling is probably one of the most stupid things I have ever seen a fund do.

    With several other large funds / key stakeholders and willing buyers, they could have easily cut a deal to sell a large stake in a single transaction at a much higher price.

    M&G/Vanguard are the frontrunners in the "2013 DUMB Award".
 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.