CDU 0.00% 23.5¢ cudeco limited

major institutional investor in cdu, page-74

  1. 500 Posts.
    sohoisnotforsale,

    10m shares is a small price the company is willing to pay at this critical stage to get the following massive rewards:

    1- Put an end to the ridiculous manipulation of the SP.
    2- Boost confidence.
    3- Its an invitation to other instos to step in.
    4- place the Company in a strong financial position to continue its progress towards the development of its Rocklands Copper Project with production forecast for 2012 (as per the announcement)
    5- It gives the management plenty of time to negotiate project finance
    6- the increase in the share price will give the management the option to do a capital raising at a more reasonable price.

    The more i think about it, the more i realize how professional the management team is.
 
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.