LOL - 383 CDU will never get down to 100 posts in 3 months - Trader investor ? By any benchmark CDU has been a dud investment over the last 7 years- I took up my 2 x $5k parcels in the last SPP at $2.50 and I topped up at $6 in 2009 while then number 1 holder Dundee was unloading - 30mt at 3% cu measured was in the bag spruiked on these threads and it was going to be $10 by Xmas and $30 by the following year.
Whalewatcher tried to caution the enthusiasm but we were oblivious to his warnings . Older and wiser - but CBA has gone from $24 to $80 and paid divies along the way - TLS has gone fron $2.60 to over $5 and paid divies along the way - and CDU well its now doing placements at $2.50 with a free oppie after restricting the punters to only $5k at $2.50 - 5 or 6 years back in the retail SPP
As Zedster says reality it was it is not what you want it to be- Who is to say that the volatility over the next 2 years wont see the oppies expire worthless - Macro events are also in play here and the yanks keep printing money to create an artificial feel good environment.
CDU Price at posting:
$1.86 Sentiment: None Disclosure: Held
