It has been interesting to see the SP rise and have most long term holders in the "green". For many years we have seen the stock suppressed by the BIG BOYS why the the SP is now being pushed the other way leads to some interesting questions. M&G for years have used the churn and burn method of share acquisition why change now? Maybe a deal was done that helps all concerned. CDU has a concerted effort re ann's to the market including new finds,funding,gold credits etc etc, M&G buy on market and the SP rockets to new highs,this in turn gives the fund a multi million dollar paper profit[have a look at their track record of late they needed it]they win. CDU on the other hand needed the SP to rise so as to put the staff oppies in the money,mission accomplished CDU win! Many posters are relating this recent event to the instos not missing "the we are about to go mining boat" or the dividends that will flow our way. In reality we are 12 to 15 months from real production and 15 to 18 months from a dividend,NO insto that I have been aware of has bought into a share to receive a divvy in in 15 months time. Interesting times ahead. GLA tv105
CDU Price at posting:
$4.86 Sentiment: Buy Disclosure: Held
