CDU
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0.00% 23.5¢ cudeco limited

38, the underwriters don't pay for the rights - they just lapse....

  1. jantimot
    30,924 Posts.
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    20/11/13
    12:13
    Post #: 12594605
    38, the underwriters don't pay for the rights - they just lapse. The underwriters will buy the shares (with free option), though, if the rights lapse, up to 20m shares.

    MOJO, you are correct on all counts. But at the moment they are only fetching 3c.
    CDU Price at posting: $1.77 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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