Don't get me wrong here, I've got a lot of time for WM and think he's done some great things for CDU. However, there's a lot of money to be made in the mining business and it's not hard to find some seriously sketchy stories out there with some of them even involving characters involved (I refer to them as vultures when talking to friends) in our little on going drama.
If Wayne read this board I'd expect even he'd agree that he'd do plenty differently but hindsight is a beautiful thing and now the company must play the hands that were dealt!!
As I always say keep a close eye on the register and that will tell you what you need to know. Lets hope for lots of good news going into Christmas. I'm still holding plenty and think there's money to be made from these levels. I do expect it to go lower first though.
CDU Price at posting:
$1.90 Sentiment: None Disclosure: Held