CDU 0.00% 23.5¢ cudeco limited

major institutional investor in cdu, page-75

  1. 2,206 Posts.
    I admit to being surprised, but not surprised at the same time!
    At first glance it may appear an unusual move, but taking into consideration the nominee churn and 'capping' games that have been occurring with the stock, maybe its not a bad idea.
    My only concern about this project was having it taken off us before mining. Todays news goes a long way to stopping this from occurring. If it means we give ground and sell to an insto at $2 then so be it.
    That same insto would surely not be stopping at 6.84% and would go to market and buy what the nominees churn to each other all day, every day.
    Maybe a bit of healthy competition has upset a few non-holders on here, but I for one won't lose any sleep over it!
    Lets not forget this has happened off the back of Azure's involvement and they DO have a number of interested parties currently reviewing the in-house data.
    More to this than meets the eye and I'm still buying and holding till we mine.
    Have we just seen the companies first corporate move/card played?
 
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