Below I have set out the potential dividend yields for CDU at today's market price of $3.80. This is simply based on what CDU's chairman has told us many times--his last dividend forecast was for $2.0 per CDU share using a copper price of just $US 2.0 per pound.
share price $3.80 Div yield
dividend $0.50 13.2 %
$1.00 26.3%
$1.50 39.5 %
$2.0 52.6%
CDU appears so extoardinarily cheap that few investors other than M&G our Chinese friends can believe the numbers.
Must we disbelieve our major investing friends? Conix
Add to My Watchlist
What is My Watchlist?