CDU 0.00% 23.5¢ cudeco limited

Hi Roh,With the FIRB approval for Sinosteel to buy 5.47% of CDU...

  1. 4,265 Posts.
    lightbulb Created with Sketch. 9
    Hi Roh,


    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
 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.