With the FIRB approval for Sinosteel to buy 5.47% of CDU shares at $4.50, I would think that Asian investors could now well invest in CuDeco at a premium to the price paid by Sinosteel.
There is not too much CDU stock left for purchase, as it would seem most long-term holders are happy to await for the opening of the mine and dividends to start flowing.
I would imagine the CuDeco offices in Asia are open for business after the Chinese New Year.
cheers,
Max
CDU Price at posting:
$4.27 Sentiment: Buy Disclosure: Held