m&g window dressing?, page-3

  1. roh
    4,061 Posts.
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    Now only 93 days to commissioning of the crushing plant.

    smack23,

    M@G's buying is confirmation of their belief in the worth of holding more CDU shares. It has removed further shares in an already tight market from those who do not want to hold for the dividends.

    In my opinion, there are many factors yet to come into play and, with the uncertainty removed that CDU is to become a miner, investors become more confident and buy.

    It should not be overlooked that Wayne has not had recourse to the use of the buyback. Can anyone think of another possible use other than to stabilise the share price against a shorting onslaught?

    M@G are approaching their limit and I would expect them to go to that higher level. Who knows what other company has CDU in its sights?

    I have mentioned on a number of occasions now that I expect more actions from left field. Yesterday's announcement was just that and saw a sharp price rise.
    ====================================I believe there will be some very embarrassed journos and others and very happy shareholders when the first production starts and that's another day closer.
 
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