CDU 0.00% 23.5¢ cudeco limited

opening price post suspension of quotation, page-2

  1. 5,948 Posts.
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    3v,

    Can't speculate on detail of a fundamentally based sp post-suspension until the detail and completeness of this mission are announced.

    About the only tool available for even a guess could be technical analysis, but then there is exuberance, or not.

    If we very quickly get the JORC upgrade and sample tests the whole situation will be clear, and the ML to come. At that point I'll start paying attention to Conix's posts of copper price.

    If you weren't long pre-suspension you may have missed the boat for a nice gain. If you were long, and unless the price is stratospheric which I doubt, then you won't be selling much. I could see people who bought in at $2-3 may be seriously tempted sellers for a double.

    So from TA, and a guess at other traders motives, and assuming an ann is properly complete, a $5.50 -$6 price at some point isn't an unreasonable guess. The question medium term and longer is what price it will hold at.

    Free advise worth every cent.
 
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