CDU 0.00% 23.5¢ cudeco limited

ow shares

  1. 2,594 Posts.
    Can people enlighten me on OW maybe wanting 30%.
    If they have nearly 20% soon and look to get up to 30% would CDU issue them with the next 10%.
    If not and as previous posters have said they can only buy 3% every 6 months then it would take 18months to buy all shares wanted.
    Now if CDU get their ML in 6 months or so I thought any non Aussie company was allowed to own 15% of a company when mining.
    I presume they don't hand shares back but if they had 23% by then are they stopped from buying any more?
    If WM wants to sell them 10% more it would have to be organised soon after the meeting in July.
    Another meeting?
    If we look like getting ML by end of year there might be some fun and games one way or another with the shares after July 6th.
 
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