CDU 0.00% 23.5¢ cudeco limited

orphan period continues, page-9

  1. 2,206 Posts.
    Yes its a long drawn out orphan stage in our case but I think its going to draw to a close soon.
    I would like to see the final placement made. Hopefully then M&G et al then know any shares they put up for sale, will not be made availiable if purchased and cancelled by the BB. From that point everyone knows if they want to increase their stake the only way is to purchase on-market.
    As to who they make the placement to? Maybe a new key stakeholder. I understood a Korean group were still talking to the company awhile back.Is this out of the realms of possibility?

    I'm confident much is progressing behind the scenes and believe we'll be pleasantly surprised with the companies progress as per the last 2 announcements.
    Look forward to seeing the roadshow presentation when released.



 
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