CDU cudeco limited
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pre open notice received ?, page-3

  1. iceman101
    1,576 Posts.
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    27/01/12
    12:27
    Post #: 9604428
    I don't understand this at all. Why would they need a prospectus to issue shares to M&G?

    M&G would surely meet the criteria of a sophisticated investor. At the very least the amount invested is over $500k so s708 (8) (b)of Corps Act.

    Can someone explain this? It just doesn't make sense to me.

    I am the Iceman!
    CDU Price at posting: $3.59 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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