By that Janti I presume you are thinking infinitus are the group that bought the 20m shares from the underwriter in the 2013 rights issue ? that would make sense as their 20m $2.50 options are 99.9% likely to expire worthless in December - good opportunity for them to average down their $$$ cost base - you would expect their holding can be added to the 34% voting block.
I presume Sinosteel were unable to take up their 33% of the underwriting because they are are state owned entity and fall under a differnt set of FIRB rules
CDU Price at posting:
$1.11 Sentiment: None Disclosure: Held