Hi gjcl,Concerning your last paragraph, keep in mind that the...

Hi gjcl,

Concerning your last paragraph, keep in mind that the High Court of Australia has expanded the concept of market manipulation.

Despite strong Announcements by CuDeco Management the share price fails to take in the good news.

The High Court has unanimously held in its judgment summary, that buying or selling shares on the securities exchange operated by ASX Limited for the sole or dominant purpose of creating or maintaining a particular price, created or maintained an "artificial price" for those shares for the purpose of the event is an offence of market manipulation under s 1041A of the Corporations Act 2001.

It gives ASIC a powerful tool to act as the market regulator. ASIC have not yet responded to the CuDeco Management request to investigate shorting activity in CDU trading.


cheers,

Max