CDU
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0.00% 23.5¢ cudeco limited

quarterly out, page-2

  1. garndo
    224 Posts.
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    31/01/14
    16:27
    Post #: 12877700
    So CDU funded the purchase of shares for their employee shareplan (A$4.2m) by the funds from the shares picked up by their shareholders in the rights issue (A$6.5m).

    Question for all the CDU cheersquad:

    If the native copper stockpiles are so valuable, and the potential for cashflow from the native copper is so enticingly close, then why put in place the debt funding facility?
    CDU Price at posting: $1.46 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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