Hmmn its not just the secret shorts increasing - 45000 CDUKMP mini shorts were purchased on the ASX today and 20000 CDUKMA longs were sold.
???? What's going on - I don't really know but suspect M & G chances of getting shareholders to vote for their 8m shares at $4 increase exponentially the lower the S/P falls below $4 prior to the vote ?
On that note there has to be some doubt about the vote getting up - you would think that O.W and NAAIL could vote their 45m against the motion and M & G cant vote their 22m for it -
Interesting game of chess being played out here ?
- Forums
- ASX - By Stock
- CDU
- shorts
shorts
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CDU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online